The US private equity firm has made preparations for an IPO
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The Wall Street bank follows rivals with trimming headcount
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The changes mean that Andrew Foster moves into a chairman role
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Executive orders by US president Trump have put diversity programmes in the cross-hairs. European investment banks are striking a more defiant tone than their US rivals
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The Wall Street bank has increased the overall pool, but skewed rises towards senior employees
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Investment banking and trading revenue both increased at Morgan Stanley
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The new class of MDs is up by 12% on the prior year
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The US bank has promoted more managing directors than in 2024, but a lower number than the previous two years
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2024 has been about exploring use cases for AI, but investment banks plan more projects over the next 12 months
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The rebound in deal fees this year has lagged expectations, but top bankers are predicting a bumper 2025
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Current chair Mark Parker to depart after two years in the role and nine years on Disney’s board
A 56% increase in dealmaking fees is the biggest rise among Wall Street banks
Bank of America, JPMorgan, Morgan Stanley and other major US banks fail to improve in CCLA’s global corporate mental health benchmark
M&A has remained relatively subdued this year, but work on some shelved deals has influenced the ranking of busiest bankers
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The Wall Street bank has promoted senior bankers into new roles
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Five of the six missing people have been recovered from the Bayesian disaster
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One passenger remains missing after freak storm capsized the ex-Autonomy boss’s yacht
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