Wall Street giant avoids penalties as regulator ends yearlong review of interest treatment on idle client cash.

NSE’s latest application for a ‘no objection certificate’ (NOC) approval from the markets regulator was not cleared in March; ...

All amounts are in U.S. dollars unless otherwise stated ...

Australia’s largest shopping mall operator, is set to capitalise on expiring leases signed during the Covid-19 downturn, according to Morgan Stanley.

Morgan Stanley is among a long list of wealth managers facing questions about whether their handling of uninvested cash is ...

The company’s practice of moving brokerage clients’ uninvested cash into low-paying sweep accounts was under scrutiny.

In what may be viewed as a pre-emptive move, Morgan Stanley raised its advisory sweep interest rate from 0.01% to roughly 2% as of August 1, 2024—joining other firms aiming to ease regulatory tensions ...