Morgan Stanley - News, Articles & Research

Will Metro Bank be 2023’s next banking collapse?

Metro Bank has had a rough week. News that the UK challenger bank was planning to raise up to £600 million from investors, prompted financial watchdogs to summon the bank’s bosses for a sit-down.

06 October 2023

News/regulation

Morgan Stanley hit with £5.4 million fine after energy traders used WhatsApp

UK energy regulator Ofgem has fined Morgan Stanley £5.41 million over the use by traders of WhatsApp messages on private phones to discuss market transactions.

23 August 2023

News/cloud

FS giants team on open standards project for common cloud controls

The Fintech Open Source Foundation (Finos) is forming an open standard project to describe consistent controls for compliant public cloud deployments in the financial services sector.

28 July 2023

Company announcement/regulation

CMA charges five banks with bond price rigging

The Competition and Markets Authority (CMA) has provisionally found that 5 major banks – Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada – each unlawfully shared competitively sensitive information by participating in one or more series of one-to-one conversations in chatrooms.

24 May 2023

News/markets

More Wall Street giants back Versana syndicated loan platform

Deutsche Bank, Morgan Stanley, US Bank and Wells Fargo are the latest financial services players to back Versana, joining a $40 million capital raise for the syndicated loan platform.

29 March 2023

News/wealth

Morgan Stanley and Stripe tap into OpenAI's GPT-4

Morgan Stanley Wealth Management is tapping OpenAI's GPT-4 to deliver content and insights into the hands of financial advisors. Payments giant Stripe is also integrating GPT-4 into its products and services.

16 March 2023

News/regulation

Morgan Stanley fines bankers over messaging breaches

Morgan Stanley has doled out million of dollars in fines to its own bankers for conducting business over WhatsApp, in breach of a regulatory crackdown on the use of the popular messaging app.

26 January 2023

News/startups

Leading banks contribute to fintech onboarding with Enterprise Ready Questions

TechPassport has launched its Enterprise Ready Questions (ERQs) with contributions from fifteen tier 1 banks, including HSBC, Morgan Stanley, and Zopa Bank.

20 January 2023

News/payments

Alibaba sells $126 million stake in Paytm

Chinese e-commerce giant, Alibaba Group, sold a 3.1% stake in the Indian digital payments firm, Paytm, via a block trade on Thursday.

13 January 2023

News/regulation

Morgan Stanley, Goldman Sachs, among banks fined $1.1 billion by SEC

16 of Wall Street’s largest financial institutions been charged to pay a combined $1.1 billion to US regulators for not monitoring unauthorised employee messaging, announced the Securities and Exchange Commission (SEC) on Tuesday.

28 September 2022

News/security

Morgan Stanley hit with $35m penalty for device disposal failings

Morgan Stanley Smith Barney (MSSB) has been slapped with a $35 million penalty for failing to protect the personal identifying information (PII) of about 15 million customers.

20 September 2022

News/regulation

Banks to pay $1bn over traders' use of WhatsApp

A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages.

22 August 2022

News/inclusion

Morgan Stanley and Mastercard back credit-building startup TomoCredit

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $22 million in a Series B funding round joined by Morgan Stanley's Next Level Fund and Mastercard.

22 July 2022

News/markets

Wall Street firms back DLT-based system for alternative assets

Wall Street players including BlackRock, Morgan Stanley and State Street are backing a new consortium led by iCapital that will build a distributed ledger-based system for alternative assets.

23 February 2022

News/security

Legacy tech mishandling costs Morgan Stanley $60 million in data breach suit

Morgan Stanley has agreed a $60 million class action settlement relating to legacy technology mishandling that led to two seperate data breaches in 2016 and 2019.

05 January 2022

Company announcement/retail

Morgan Stanley teams up with kids money management platform Greenlight

Morgan Stanley today announced a partnership with Greenlight® Financial Technology, Inc. (“Greenlight”) to bring families an easy, convenient way to teach kids about personal finance.

01 December 2021

News/startups

Morgan Stanley to expand Multicultural Innovation Lab across Emea

Morgan Stanley has committed to a £1 million investment to expand its Multicultural Innovation Lab across Europe, Middle East and Africa.

08 October 2021

News/wholesale

Wall Street giants invest in AI search engine for companies AlphaSense

AlphaSense, an AI-based market intelligence platform used by a host of financial institutions, has raised $180 million in a Series C funding round co-led by Goldman Sachs and joined by Citi, Morgan Stanley and Barclays.

30 September 2021

Company announcement/startups

Morgan Stanley and Wilson Sosini forge API integration for capitalisation data sharing

Morgan Stanley at Work today announced it has partnered with premier technology legal firm Wilson Sonsini Goodrich & Rosati to develop a new application programming interface (“API”) that allows equity information for mutual clients to pass seamlessly between law firm and equity management provider.

27 September 2021

Company announcement/wholesale

Morgan Stanley leads $1.6 billion round in Databricks

Databricks, the Data and AI company, today announced a $1.6 Billion round of funding to accelerate innovation and adoption of the data lakehouse, as the data architecture’s popularity across data-driven organizations continues to grow at a rapid pace.

01 September 2021