|Day's Range||22.11 - 22.33|
|52 Week Range||16.94 - 24.70|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Recruiting and attrition have slowed down at Morgan Stanley as the firm, like other big brokerages, has de-emphasized big signing bonuses, reports InvestmentNews. On an earnings call, Morgan Stanley senior executives revealed, without disclosing specifics, that the trend had helped bolster results, the publication notes. Morgan Stanley, Merrill Lynch and UBS in recent months have moved to cut back on the recruiting arms race.
Morgan Stanley has taken notable steps to expand its digital offerings in its wealth-management...
Financial services firms need a regulated subsidiary in an EU country to offer products across the bloc which could prompt some to move jobs out of Britain if it loses access to the European single market. The association expects 3,000 to 5,000 new jobs in Frankfurt over the next two years as a result of Brexit, its head Stefan Winter of UBS told German newspaper Welt am Sonntag in June. Bank of America Corp (BAC.N) said in August its businesses and results could be adversely affected and it may have to incur additional costs if Brexit limited the ability of its UK entities to conduct business in the EU.