Morgan Stanley paid Co-President, Head of Investment Management and Head of Wealth Management Andy Saperstein $27 million for his work in 2024.

Meanwhile, former Charles Schwab CEO Walt Bettinger saw a 10% compensation increase for his final year on the job.

That bet paid off – Morgan Stanley’s wealth unit, led by Andy Saperstein, brought in record revenue last year. And CEO James Gorman has set an ambitious goal of reaching $10 trillion in client ...

Notably, Morgan Stanley retained Andy Saperstein and Dan Simkowitz, the runners-up in the CEO race that Pick won. For 2024, Gorman received compensation equal to Simkowitz and Saperstein. That ...

Investing.com -- Morgan Stanley initiated coverage of Duolingo (NASDAQ:DUOL) with an “Overweight” rating and a Street-high price target of $435 driven by a rapid user growth, strong margin ...

Investing.com -- Morgan Stanley downgraded Warner Music Group (NASDAQ:WMG) shares to Equal-weight from Overweight and cut its price target to $32 from $37 in a note to clients on Monday.

Sensex 2025 target: Global brokerage firm Morgan Stanley has revised its target for the BSE Sensex to 82,000, reduced from 93,000, indicating an expected upside potential of 9% by December 2025.

US firms face the most uncertainty since the early COVID era, Morgan Stanley says. S&P 500 earnings revisions are approaching downside extremes. "Earnings revisions breadth is now at levels rarely ...

Management's lack of specific forward guidance for Q2 and 2025 was concerning, however. Morgan Stanley is a major player in global financial services, offering a wide range of products and ...