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Morgan Stanley’s Wilson Says Tech Rally Can Run Further On AI
US technology stocks have the scope to rally further as the buzz around artificial intelligence underpins a robust sales outlook, says Morgan Stanley.
Japan Stocks Hit New Highs As Takaichi Win Fuels Spending Hopes
Japanese stocks surged to fresh highs as Prime Minister Sanae Takaichi’s historic win in Sunday’s election ignited expectations of more spending.
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Morgan Stanley Lowers Climate Target, Warns On Sluggish Transition
Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio.
Citigroup Offering Enhanced Deals To Attract Seasoned Financial Advisors
Citigroup is bolstering its recruitment strategy, offering enhanced deals to attract seasoned financial advisors to its wealth management sector.
Wells Fargo May Lose Up To $3 Billion On Its Office Building Loans
Wells Fargo CEO Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its commercial real estate loan portfolio.