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.
Bullish on M&A cycle in 2025
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Morgan Stanley CEO Ted Pick: Bullish on the M&A cycle in 2025
Morgan Stanley to explore crypto offerings for clients — CEO
Morgan Stanley is exploring the possibility of offering crypto to clients and is currently discussing a “safe” way to expand its services with regulators.
Morgan Stanley CEO signals potential crypto expansion under pro-crypto Trump administration
Morgan Stanley's CEO signals potential crypto expansion amid regulatory shifts under a pro-crypto administration.
Star technology banker Michael Grimes is in discussions to leave Morgan Stanley to work for the Trump administration, according to people familiar with the matter. Grimes is among the biggest names in banking,
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Morgan Stanley eyes crypto expansion under Trump, collaborates with regulators on digital asset adoption and institutional services.
The chief executive of banking giant Morgan Stanley reportedly says the firm is willing to work with US regulators on crypto offerings.
On Wednesday, Morgan Stanley (MS) stock saw a decline, ending the day at $136 which represents a decrease of $-1.30 or -0.95% from the prior close of $137.3. The stock opened at $137.26 and touched a low of $135.82 during the day, reaching a high of $138.38. The volume of shares traded was 7.02 million exceeding the average volume of 6.73 million.
Technology banker Michael Grimes is in talks to leave Morgan Stanley (MS) to work for the Trump administration, The Wall Street Journal’s
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 2.03% of Sonos Inc (SONO)’s shares, while financial institutions hold 90.97%.
Traders looking to sell the world’s reserve currency are far more common than thought even as the dollar’s dominance rips across markets, according to Morgan Stanley.
U.S. stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
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