Morgan Stanley will soon enable external AI agents to connect directly with its stock administration platforms, ShareWorks and Equity Edge, allowing corporate clients to manage complex stock plans without extra human staff. This move, one of the first by a major Wall Street bank, aims to streamline stock plan administration and expand Morgan Stanley's wealth management funnel. The bank plans to offer this AI access to all 3,400 of its administration clients by next year, signaling a shift toward AI-driven interfaces in financial services. Competitors like JPMorgan and Goldman Sachs use AI internally but haven't opened their systems to external AI agents yet.
Morgan Stanley reported strong Q2 2026 results, with earnings per share of $3.46 surpassing estimates of $2.89 and revenue of $21.35 billion beating forecasts of $19.67 billion. This marks significant year-over-year growth from $16.79 billion, driven...
Morgan Stanley reported strong Q2 results with earnings per share up 63% year-over-year and tangible book value per share increasing to $53.18. Total revenue grew 4% quarter-over-quarter to $21.35 billion, while operating expenses rose only 3%, helpi...
Morgan Stanley reported record revenue of $21.35 billion and earnings per share of $3.46 for Q2, surpassing analyst expectations. The bank saw strong performance across institutional securities, wealth management, and investment management, with net ...
Morgan Stanley reported impressive Q2 earnings, fueled by growth in wealth management, strong investment banking, and solid capital returns. Recurring fee revenue and increasing assets under management (AUM) contributed to the bank's resilient perfor...
Energy prices cooled in June, easing inflation pressures despite ongoing tensions between the U.S. and Iran near the Strait of Hormuz. Morgan Stanley reported record quarterly revenue and profit, boosted by a surge in equities trading fueled by the A...
