Morgan Stanley

Australia's Bendigo and Adelaide Bank eases investor concerns with latest financial update

14:06

Economy

Australia's Bendigo and Adelaide Bank eases investor concerns with latest financial update

The bank's latest trading update has helped reassure analysts at Morgan Stanley, despite a disappointing first-half result in February.

18:00

Morgan Stanley

Morgan Stanley to cut about 2,000 jobs in cost-cutting effort

Morgan Stanley is set to lay off approximately 2,000 employees later this month, representing roughly 2% to 3% of its global workforce—excluding financial advisers—in an effort to improve operational efficiency, according to a person familiar with the matter.

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