Sonali Basak

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Morgan Stanley's Teflon Banker Chases Next Deal After Uber Flops

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Michael Grimes is flying high despite leading investors into a Uber IPO that has so far disappointed investors.

Uber Blame Game Focuses On Morgan Stanley After Shares Drop

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Uber stock lost 18 percent of its value in the first two days of trading - is Morgan Stanley to blame?

Morgan Stanley Got Clients Into Uber. Then The IPO Stumbled

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The firm valued Uber at a hearty $62.5 billion, a level labeled "reasonable."

At Milken's Retreat For Billionaires, Capitalism Is Still Good

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Buyout titans, bankers, politicians, entertainment moguls and professional athletes are among the attendees.

Morgan Stanley Shakes Up Wealth Unit, Shifting O'Connor To Banks

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The move repositions two executives seen as possible successors to CEO James Gorman.

Morgan Stanley President Kelleher To Retire At End Of June

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Colm Kelleher's departure marks a generational shift at the firm.

Morgan Stanley Seeks More Takeovers After Biggest Deal Since '08

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The firm is buying a stock-plan administration company for $900 million.

Morgan Stanley Banker Fired After Maternity Leave Writes CEO

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She is asking to be released from binding arbitration so she can sue the firm.

UBS Shuffles U.S. Wealth Unit To Capture More Billionaires

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UBS also is trying to lure more clients in China and Latin America.

LTC Insurance: The $15 Billion Money Pit Dragging GE Down

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A big part of GE's trouble has to do with its book of long-term care insurance.

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