A subsidiary of Morgan Stanley recently completed the
Including the acquisition, Morgan Stanley has assets under management of
In brief: Morgan Stanley Unit Buys Investment Firm
January 11, 1996, 2:00 a.m. EST 1 Min Read
For reprint and licensing requests for this article, click here .
MORE FROM AMERICAN BANKER
-
The credit card giant must reckon with the high costs of integration before it can start reaping the benefits from its landmark acquisition. CEO Richard Fairbank said Tuesday that those costs will exceed the company's original $2.8 billion guidance.
7h ago
-
The D.C. District Court found the Trump administration's firings of two Democratic board members on the National Credit Union Administration to be "unlawful" and ordered Todd M. Harper and Tanya F. Otsuka to be reinstated.
9h ago
-
The Federal Deposit Insurance Corp's decision to scrap Biden-era rules restricting industrial banks raises hopes for firms seeking to establish ILCs, but that doesn't mean the entry of the largest retailers and tech firms — whose entry to the industry banks most fear — is imminent.
10h ago
-
The Pittsburgh bank is working with the cryptocurrency platform to let PNC customers buy, sell and hold cryptocurrencies.
July 22
-
Sam Altman, the founder and CEO of OpenAI, said the rapidly growing capabilities of AI are rendering many of banks' fraud prevention measures useless and warned of an "impending fraud crisis" if banks don't update their processes.
July 22
-
The Evansville, Indiana-based bank has hired Tim Burke to oversee commercial and community banking, along with wealth, credit and marketing.
July 22
