Michael Grimes, a technology banker with Morgan Stanley , is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.

Star technology banker Michael Grimes is in discussions to leave Morgan Stanley to work for the Trump administration, according to people familiar with the matter. Grimes is among the biggest names in banking,

It’s been just over two years since ChatGPT introduced the world to the capabilities – and the potential – of generative AI. It caught our

On Wednesday, Microsoft ( MSFT, Financial) shares grew nearly 3% despite Morgan Stanley lowering their price target from $548 to $540. However, the investment company kept its Overweight rating to reflect its belief in Microsoft's future growth while standing behind Microsoft's market leadership and new artificial intelligence technology prospects.

Morgan Stanley's top-performing investment bankers and traders in Asia will see up to a 50% increase in bonuses due to robust business growth and a low-base effect of last year, according to two people with direct knowledge of the matter.

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

Morgan Stanley Wealth Management today announced results from its quarterly retail investor pulse survey: Majority of investor views remained bullish.

Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $368,287, and 3 were calls, valued at $221,926.

Morgan Stanley said its profit more than doubled in the fourth quarter, fueled by its investment banking and trading businesses. Profit surged 145% to $3.71 billion. That amounted to $2.22 per share,

Morgan Stanley lowered the firm’s price target on Microsoft (MSFT) to $540 from $548 and keeps an Overweight rating on the shares. While noting

Morgan Stanley’s traders beat analysts’ estimates in the fourth quarter, joining their other Wall Street rivals in reporting a strong end to the year on volatility tied to the US elections and economic data in the final months of 2024.

The investment banking giant has been the subject of regulatory probes regarding the way it vets prospective clients. So far, that's not driving away potential clients, executives say.