The bank has started the process of choosing a successor to CEO James Gorman just as it tries to settle an investigation into its equity block trading practices. This could pose a challenge for Ted Pick.

How on earth, in this environment, did the bank deliver one of its best-ever quarters in Asia?

Experience and expertise in investment are standard characteristics of most private banks. Yet, in the booming asset class of environmental, social and governance-related investments, few banks have the length and depth of experience and expertise of Morgan Stanley.

Morgan Stanley’s focus and investment in wealth and asset management over the past few years has created an enhanced, powerful and distinctive offering, illustrated by revenues in wealth management hitting a record high of $24 billion in 2022.

Supporting its recognition as the world’s best private bank for family offices services, Morgan Stanley wins the regional award in this category, too.

Morgan Stanley Family Office (MSFO) has had a standout year globally. The judges note that this award recognizes its rare ability to differentiate through services to a segment that is sometimes thought of as more demanding in execution than advisory.

In the wake of the global financial crisis of 2008, Morgan Stanley executives shook up the firm.

For the past few years, Goldman Sachs has dangled the promise of something new – a diversification in its business mix that would give shareholders a reason to finally re-rate the stock. But while the firm still has the glint of Goldman on the surface, disappointing earnings are revealing something less valuable underneath. Can its second investor day now fix the legacy of the first?

A decade ago, the bank opted to go long on more durable sources of income – notably wealth management. Its standout 2022 financials are a clear sign of the benefits of long-term planning.

Elon Musk is full of praise for his bankers at Morgan Stanley. It’s a shame his $44 billion Twitter deal is set to cost the bank money rather than earning a tip for good service.

This year has seen banks report markdowns on leveraged finance commitments and related exposures, something that is hardly surprising given what has happened to yields. But even with syndicates struggling to offload some high-profile big deals, the troubles seem oddly muted so far.

An extraordinary series of data protection failures at Morgan Stanley’s wealth management business has seen the SEC fine the company $35 million.

West Virginia state treasurer Riley Moore has opened another front in a campaign by Republican officials in the US against banks that promote ESG policies.

Supposedly disappointing second-quarter earnings should have surprised no one and Morgan Stanley’s were quite good.

This was, as is the norm, a fight between Morgan Stanley and Goldman Sachs. This year the award changes hands between them and goes to Morgan Stanley for the breadth of its successes.

In a record 12 months for M&A volumes, the big US banks dominated the revenue and volume league tables in Europe while, as usual, Rothschild advised on a higher number of transactions than any other firm.

The North American capital markets witnessed unprecedented levels of activity over the awards period and Morgan Stanley has demonstrated an impressive ability to come up with differentiated advice and solid execution across all its financing businesses.

Banks must be able to demonstrate their ability to give the right advice in both good times and bad. Morgan Stanley shows how it is done.

Aggregate investment banking and markets revenues fell 12% at the big five US investment banks in the first quarter of 2022. Their chief executives were confident that dealflow will return, but were also united in their uncertainty over how central bank responses to inflation will play out in markets.

Wall Street firms such as Goldman Sachs, JPMorgan and Morgan Stanley are muscling in on the booming market for private share trading – and potentially disrupting existing technology platforms.

Big numbers don’t always tell a story, but January saw one pop up in three different places. How they connect is intriguing.

The firm’s old businesses shone in 2021, but what was once the ballast to stabilize their volatile earnings is now the growth story.

The Morgan Stanley veteran is a sound pick, but is an old-school investment banker the right person to run the world’s largest wealth manager?

Retirement marks the end of a successful and well-timed career, and removes the most senior woman from Asian investment banking.

The firm leads in big, transformational M&A and sees advising on the sell side of Spac mergers as a hedge if regulators crack down on mega-deals.

Strength in equity capital markets and M&A, as well as a close relationship with the bank’s tech team, has created a winning formula this year.

Under the leadership of James Gorman, Morgan Stanley has reshaped its business mix in ways that it thinks will position it for a world in which its clients need more connectivity than ever. Driving that process in its investment bank is co-president Ted Pick.

The big six US banks are releasing the loan loss reserves they built up in the pandemic. Where might this end? The answer could be surprising.

Morgan Stanley retains the advisory award after leading the field in Asia Pacific by volume, deal count and regional diversity. Dieter Turowski is chairman, investment banking at Morgan Stanley Asia Limited.

It was another stellar period for Morgan Stanley’s financing franchise. The bank’s equity and debt capital markets businesses turned in a strong performance for clients, many of whom were using it to finance deals on which the bank was providing mergers and acquisitions advice. And as it did last year, the firm wins the award for North America’s best bank for financing.