Morgan Stanley
AI-exposed firms cut 4% of jobs; car sector hardest hit: Morgan Stanley report
The automobile and components sector has the highest net job loss, at 10%, across five industry sectors
Wall Street banks cut more than 5,000 jobs even as they notch record profits
The banks’ willingness to trim headcount shows they are eyeing AI to help them do more with less
Morgan Stanley’s profit beats estimates on dealmaking surge, trading boost
Its investment banking revenue is up by 36% at US$2.12 billion from a rise in advisory fees
Morgan Stanley says earnings shield S&P 500 from Iran war
Wall Street analysts remain optimistic, expecting a 12% growth in Q1 profits for companies on the index
Big US banks set to temper bond sales after strong 2026 debut
Sales will occur after the six firms release first-quarter results
US Defence Secretary Hegseth’s broker looked to buy defence fund before Iran attack, FT reports
BlackRock declined to comment on the report
Private credit exodus forces caps at Cliffwater, Morgan Stanley
Private credit funds focused on retail investors are typically required to offer quarterly repurchases of their shares
Morgan Stanley hires contract staff in Hong Kong as deals surge: sources
Volatile markets hinder permanent hires despite listing surge
Wall Street banks offer UAE staff option to relocate temporarily
Foreigners account for about 90% of the country’s population
Morgan Stanley lays off 2,500 employees across divisions, source says
It reported a banner year in 2025
