More job cuts as Morgan Stanley downsizes wealth management division LeapRate

February 16, 2024 BY Elizabeth Anderson

More job cuts as Morgan Stanley downsizes wealth management division

Last week, LeapRate reported on job cuts in the finance and tech sectors. Based on Challenger, Gray & Christmas information, US-based layoffs in January increased by 136% compared to December 2023. Challenger Report data shows that the finance sector axed 23,238 jobs. This report stated: With the exception of last January’s total, this is the…

Morgan Stanley to fire a quarter of its FX traders

Poor financial performance is taking its toll on Wall Street investment bank Morgan Stanley (NYSE:MS). As per LeapRate's earlier report, the bank posted a set of disappointing financial metrics for the third quarter of 2015, including a 42% decrease in fixed-income trading revenues. The poor trading results will cost hundreds of jobs at Morgan Stanley, with…

Tag: Morgan Stanley job cuts

More job cuts as Morgan Stanley downsizes wealth management division

Morgan Stanley to fire a quarter of its FX traders

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