Michael Grimes, a technology banker with Morgan Stanley , is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.
Stocks advanced, Treasury yields fell and crypto was volatile on Tuesday as market participants reacted to the slew of executive orders issued on the first day of Donald Trump’s second term as president.
Hedge funds have positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would continue to rise, according to bank research and industry data.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
With Trump set to implement at least 100 executive orders on Monday, here are the areas of the market that could see moves.
High interest rates have been weighing on the stock market rally, and there may be little Donald Trump can do to remedy that issue.
The CEO of top American bank Morgan Stanley said that he is open to working with regulators so that the firm can offer crypto services.
U.S. President Donald Trump’s first day in the Oval Office seemed light on any immediate action on that front, sending markets higher.
Morgan Stanley's Chief Asia Economist Chetan Ahya ... Hours after his Inauguration, President Donald Trump announced that he is likely to consider a 25% on Canada and Mexico as early as February ...
The globe's wealthiest individuals attended Trump's inauguration in Washington ... Editing by Michael Perry World at Workcategory Morgan Stanley's bonus payouts for star Asia bankers to jump ...
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures edged lower and oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 rose 0.5% Thursday amid relatively quiet trading and surpassed the record it set early last month.