Morgan Stanley

‘Lose-lose situation’: New Swiss bank laws could derail UBS’ challenge to Wall Street giants

Switzerland’s tough new banking regulations create a “lose-lose situation” for UBS and may limit its potential to challenge Wall Street…

Nordstrom shares jump 9% on report retailer is trying to go private

Nordstrom shares closed 9% higher on Tuesday following a report that the department store chain is attempting to go private.…

Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI

Morgan Stanley promoted a tech executive in its wealth management division to become the bank’s first head of firm-wide artificial…