The bulk of Morgan Stanley's new managing directors, or 46%, work for the investment bank.

Wall Street giant Morgan Stanley promoted 173 of its employees to managing director roles this year, marking a 12% increase from 2024, a source close to the matter told Reuters on Wednesday. Bank of America also promoted more employees to managing director roles in December,

Morgan Stanley’s Asia wealth chief is looking to boost the number of staff dealing with its richest customers as the US lender pushes ahead with its regional expansion.

Media mogul Murdoch's company will maintain a stake in 'Piers Morgan Uncensored' until 2029 though as the British broadcaster wants to grow his YouTube channel.

Piers Morgan has quit Rupert Murdoch’s media empire to pursue his own show on YouTube. Mr Morgan has not renewed his contract with News UK and has reached a deal with Mr Murdoch’s media empire to buy out his Uncensored media brand and YouTube subscriber base of 3.6m.