MorganStanley
New York (AFP) - Morgan Stanley became the latest big financial firm to require employees to be vaccinated at some company offices as corporate America adjusts workplace rules to the reopening US economy. Starting July 12, staff of the investment bank as well as visitors and clients wishing to enter buildings in New York City and in nearby Westchester County must attest to being fully vaccinated, a person familiar with the policy told AFP on Wednesday. The policy will operate on an honorary system and people will not be required to prove vaccination status, the person said. The move comes as l...
AFP
New York (AFP) - US financial powerhouse Morgan Stanley said Thursday it would acquire wealth management firm Eaton Vance for about $7 billion unveiling its second major takeover of 2020.The transaction, which comes on the heels of a $13 billion purchase of E-Trade, will bring another $500 billion in assets under management (AUM) within Morgan Stanley's umbrella and broaden its standing as a wealth manager, the companies said in a statement."Eaton Vance is a perfect fit for Morgan Stanley," the company's chief said James P. Gorman said in a statement. "This transaction further advances our str...
AFP
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