Morgan

James GormanDavid A. Grogan | CNBCJames Gorman, CEO of Morgan Stanley, promoted a quartet of executives on Thursday and started a race to succeed him at one of Wall Street's leading investment banks.The firm named Ted Pick, 52, who heads…

Jamie Dimon, CEO of JP Morgan Chase, speaks at the CEO Innovation Summit of the Business Roundtable on December 6, 2018.Janhvi Bhojwani | CNBCJPMorgan Chase does it alone.After the healthcare joint venture founded by Amazon, Berkshire…

David Paul Morris | Bloomberg | Getty ImagesCheck out the companies that hit the headlines on Wednesday after the bell:Kinder Morgan - The energy infrastructure company's shares rose 3.5% after beating analysts' expectations in the first…

Aaron Newsom (left), installer for solar company Sunrun, and Tim McKibben, senior installer, prepare solar panels for installation on the roof of a house in Granada Hills.Mel Melcon | Los Angeles Times | Getty ImagesCheck out the…

Bill Hwang in 2012Emile Warnsteker | Bloomberg | Getty ImagesMorgan Stanley posted blockbuster results in the first quarter, but a single prime brokerage client cost the company nearly $ 1 billion.In its earnings results, Morgan Stanley…

Morgan Stanley said Friday that first quarter earnings and sales exceeded expectations for more than expected trade and investment banking results.The bank posted earnings of $ 4.1 billion, or $ 2.19 per share, more than double its earnings…

The night before Archegos Capital's story became public late last month, the fund's largest prime broker quietly dumped some of its risky positions into hedge funds, CNBC experts told CNBC.Morgan Stanley sold approximately $ 5 billion worth…

People are seen on Wall Street in front of the New York Stock Exchange (NYSE) in New York City on March 19, 2021.Brendan McDermid | ReutersWhen investors are stamping the exits, it pays to be the first at the door.It happened when the…

We continue to celebrate Women's History Month together with the Female Design Council (FDC), where we highlight talented designers, artists, and creators who identify women and their incredible work. This week we introduce K'era Morgan,…

Morgan Stanley is the first major US bank to offer its wealth management clients access to Bitcoin funds, as CNBC has learned exclusively.The investment bank, a wealth management giant with $ 4 trillion in client assets, told its financial…