Morgan Stanley beats consensus, defends keeping older goals
Morgan Stanley’s Robust Q4 and Full-Year Performance for 2025 Morgan Stanley, a leading global financial services firm, reported an impressive earnings beat for the fourth quarter, buoyed by a surge in investment banking revenues. This performance was driven by an increase in client activity, particularly in the realm of merger-and-acquisition deals. The Wall Street giant […]
Merrill trumpets low advisor attrition in 2025
Merrill executives say core members of a large team that broke away last year to start an independent practice remain at the firm, underscoring a year of historically low departures for experienced advisors. Processing Content In an earnings call Wednesday, Merrill Wealth Management co-head Lindsay Hans said a large portion of employees in the firm’s […]
First Horizon calls out Raleigh as a market of interest
First Horizon CFO Hope Dmuchowski on Bank’s Growth Strategy First Horizon CFO Hope Dmuchowski recently shared insights into the Memphis-based lender’s approach to mergers and acquisitions. She highlighted that while M&A is not a primary focus for the bank, they remain open to opportunities that may arise. During a recent interview, Dmuchowski emphasized the importance […]
Regions Financial continues to hire bankers in so-called “priority markets” where it’s seeking more market share.
Regions Financial Sees Growth Opportunities Amid Expanding Entrants in Home Territory Regions Financial, a dominant banking institution in the Southeast, is poised to leverage new and expanding entrants into its home territory as an opportunity for growth. This perspective is shared by the company’s CEO, John Turner, who, during the company’s fourth-quarter earnings call, highlighted […]
Raymond James plans to buy $46B Clark Capital
Raymond James Acquires Clark Capital Management Group: A Major Move in the Financial Industry Raymond James, a prominent financial services firm, recently announced one of its biggest acquisitions in years by acquiring Clark Capital Management Group, a company with $46 billion under management. This strategic move is set to reshape the landscape of the financial […]
Why Citi MDs earning $1m+ are fearing for their jobs
We’ve Launched a New Weekly Video Series We’ve launched a new weekly video series to accompany Morning Coffee, in which we look at one story in more depth to give you the full picture. Citi’s Recent Developments Citi has had perhaps the liveliest start to 2026 of any major US bank. CEO Jane Fraser announced […]
When AI enters production, architecture becomes the constraint
The integration of artificial intelligence (AI) into various business sectors has already initiated a wave of innovation and progress. From small-scale prototypes to pilot projects, AI has been proven to be a gamechanger, transforming traditional ways of working. However, the true test begins when AI enters production, where it confronts the real-world challenges of delays, […]