The two financial services firms have made huge acquisitions in recent years to diversify income and weather any environment.
News & Analysis: Morgan Stanley
The bank is shaking up senior leadership, with two current executives seen as the favorites to replace its longtime CEO.
The bank posted over $15 billion in revenue with strong growth in its investment and wealth management segments.
The loss shouldn't stop you from considering an investment in this global financial services company.
The bank said it plans to let wealthier clients invest in three funds that basically give them ownership of Bitcoin
The stock for this financial services giant returned 38% in 2020 and it is still undervalued.
Morgan Stanley has rocketed in recent months. Best of all, it still has a cheap valuation relative to its peers and impressive growth prospects.
These two top investment banks are showing new energy as they enter 2021.
This company made some big acquisitions during the year that will greatly diversify its revenue mix.
CEO James Gorman certainly thinks so after some recent moves to diversify the bank's business.