|Day's Range||22.84 - 23.50|
|52 Week Range||12.05 - 25.80|
|PE Ratio (TTM)||14.39|
|Earnings Date||Jul 17, 2017 - Jul 21, 2017|
|Dividend & Yield||0.30 (1.30%)|
|1y Target Est||26.07|
Morgan Stanley currently has 15,000 brokers.
Morgan Stanley, the biggest U.S. brokerage by head count, told brokers Tuesday that it is standing down from the expensive recruitment wars, following similar steps taken earlier this month by competitor Bank of America Merrill Lynch. Morgan Stanley, which has more than 15,000 brokers, will "significantly reduce experienced adviser recruiting," according to a staff memo from Morgan Stanley co-heads Shelley O'Connor and Andy Saperstein that was viewed by Reuters. Merrill Lynch announced that, starting in June, it will no longer offer new prospects or recruits big upfront bonus checks to join its firm, a common and costly industry practice.
Charlotte has lost the headquarters of few community banks in the last year. Park Sterling and Capital Bank are the latest companies to be acquired by banks outside of North Carolina. While both companies ...