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2 Wall Street firms lay out scenarios for a coronavirus-fueled recession —...
As the coronavirus' economic impact starts to come into focus, Goldman Sachs and Morgan Stanley are telling investors what might happen if the outbreak causes a recession.David Kostin of Goldman Sachs...
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FedEx has shed half of its market value in the past 2 years, and Morgan...
FedEx has shed half of its market value since January 2018 — and the free fall doesn't appear to be stopping soon.Morgan Stanley said in a note to investors on March 2 that the $65.5 billion company...
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Bad timing: Hotly-anticipated tech IPOs are dealing with a brutal one-two...
Top tech bankers are grappling with a risk factor that wasn't even on their radar just two months ago: the global spread of coronavirus. When it comes to deals, sharp share price moves are complicating...
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Morgan Stanley is moving about half of its Wall Street traders to its...
As the coronavirus has spread in recent days, Morgan Stanley is shifting about half of its institutional-securities traders to its disaster-recovery site in Westchester County, New York, according to a...
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JPMorgan, Morgan Stanley, and Goldman Sachs execs gave us an inside look at...
As banks are more willing to work with fintechs, they're rethinking their approach to the young companies.Business Insider spoke to execs at JPMorgan, Morgan Stanley, and Goldman Sachs to understand...
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Here's why one investment chief says consumer confidence is the most...
US consumer confidence is the top indicator Lisa Shalett, chief investment officer for wealth management at Morgan Stanley, is watching right now as fear of the coronavirus outbreak roils global...
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From travel bans to disaster-recovery sites, here's everything we know about...
The spread of coronavirus has sent Wall Street banks scrambling to put in place policies to protect workers and clients and make sure business can carry on with as little disruption as possible. The...
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Stocks could plunge another 6% from already-depleted levels as traders price...
The S&P 500 could fall another roughly 6% to 2,600 as traders price in a potential recession amid the coronavirus outbreak, analysts at Morgan Stanley wrote in a Monday note. The firm maintained...
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A Wells Fargo employee has coronavirus and Morgan Stanley, UBS, and Merrill...
Wells Fargo has confirmed an employee working in one of its San Francisco buildings tested positive for COVID-19, the novel coronavirus that's spread around the world. Rivals Morgan Stanley, UBS, and...
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A Morgan Stanley exec gave us an inside look at its new VC partnership...
Morgan Stanley is working with a handful of venture capital firms to provide feedback to fintechs about issues they'd like to work with startups on solving. Sean Manahan, a managing director and head...
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Morgan Stanley says it's time to start buying stocks amid the market carnage
US stocks' current level offers an attractive entry point, meaning longer-term investors should start buying, a team of Morgan Stanley strategists led by Michael Wilson wrote in a Thursday note.All...
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Why Goldman Sachs analysts think Morgan Stanley's stock will be Wall Street's...
As the likelihood of an economic recession ticks higher, Goldman Sachs analysts boosted their recommendation on Morgan Stanley's shares to "buy" from a "neutral" rating. Low interest rates usually eat...
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Morgan Stanley officially says a global recession is now its base case as the...
Morgan Stanley is the latest Wall Street giant to officially forecast a recession in 2020.The bank's updated base case sees global growth slipping to 0.9% in 2020 after contracting in the first half of...
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A top Wall Street auto analyst just outlined the nightmare coronavirus...
Morgan Stanley analyst Adam Jonas said that the Detroit Big Three, Tesla, Ferrari, and Harley-Davidson have enough cash on their balance sheets to ride out a severe downturn in the economy.But he also...
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Morgan Stanley now thinks US GDP will shrink 30% next quarter as the...
Morgan Stanley now thinks that US GDP will plunge by 30.1% in the second quarter amid the coronavirus pandemic, according to a Sunday note from economists led by Ellen Zentner."As social distancing...
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Coatue and Fidelity are early adopters of $12.4 billion startup Snowflake's...
As Wall Street's obsession with data continues to grow, firms are eager to make digesting information as easy as possible.Snowflake, a startup that was most recently valued at $12.4 billion, has...
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The 'best risk-reward' in 2 years: Morgan Stanley's investment chief says now...
Stocks are in "the best risk-reward" scenario of the past two years as coronavirus risks drive prices to multiyear lows, Mike Wilson, the chief investment officer at Morgan Stanley, told CNBC on...
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The next wave of coronavirus outbreaks is threatening cities from New Orleans...
New York has become the coronavirus epicenter in the US, but data shows that other cities from New Orleans to Philadelphia aren't far off from experiencing similar outbreaks.Researchers at the Center...
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A 'broad and accelerating outbreak': Morgan Stanley just tripled its...
Morgan Stanley tripled its projected coronavirus caseload to 570,000, up from 200,000 just two weeks ago.The outbreak won't slow until the end of the April, Morgan Stanley researchers said.The US now...
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Morgan Stanley hired a top trader away from Deutsche Bank in distressed...
Morgan Stanley has poached a top distressed-debt trader from Deutsche Bank. Matthew Weinstein has resigned from the German lender and is joining Morgan Stanley as the head of North American distressed...
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