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.
President Donald Trump made multiple stock purchases of SanDisk between January and March 2026, investing up to $245,000. SanDisk's stock price surged over 400% after March 30, turning these investments into substantial gains, with some positions pot...
Morgan Stanley Wealth Management has launched one of the largest pro bono financial planning initiatives in the industry, engaging over 320 CFP® professionals to provide free financial guidance to underserved individuals and families. This effort is ...
SpaceX is negotiating to pay less than 0.75% in underwriting fees for its planned $75 billion IPO, which could be the largest in history and value the company around $1.8 trillion. Despite the low fee rate, Wall Street banks could still earn about $5...
