When it comes to interest rate cut expectations, Stephen Roach, a senior fellow at Yale University and former chairperson of Morgan Stanley Asia, pointed out that the Federal Reserve will not rush to adjust policy due to political pressure. But on the other hand, the fragility of the labor market, coupled with the disturbance of tariffs, may prompt the Federal Reserve to shift to a more accommodative stance. Although the current risks have changed, the magnitude is not yet dramatic, and the foll...
Market News: Morgan Stanley plans to offer cryptocurrency trading to E * TRADE clients.
According to industry sources quoted by TheInformation, investment bankers from leading Wall Street institutions such as JPMorgan Chase, Goldman Sachs, and Morgan Stanley have been meeting with cryptocurrency company executives in the hope of gaining the opportunity for cryptocurrency companies to conduct initial public offerings (IPOs) after the election. This enthusiasm reflects optimism that the market and regulatory conditions will improve after Donald Trump wins the US Presidential Election...
Morgan Stanley (MS. N) announced that James Gorman will step down as chairperson and leave at the end of the year. Ted Pick will take over as chairperson on January 1, 2025.
Tread.fi, an algorithmic crypto trading platform founded by former Morgan Stanley employees, completed a $3.50 million seed round led by New Form Capital, with participation from Aquanow, Varys Capital, GBV Capital, Thanefield Capital and others. Tread.fi founder and CEO David Jeong, a former vice president of quantitative research at Morgan Stanley, declined to comment on the valuation, but said the round was structured using a simple agreement for rolling future equity (SAFE) with a symbolic c...