MS News & Events

Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing, alongside Ridgeback Group, announced the acquisition of the Private Rented Sector business of London & Quadrant Housing Trust, which trades as Metra Living, for a total enterprise value of GBP 1.045B.

Corvex (MOVE) announced the appointment of Christopher Chance Moreland as CFO, effective June 29. Moreland joins Corvex from Morgan Stanley (MS), where he served as Managing Director in Leveraged and Acquisition Finance.

U.S. banking regulators are increasing scrutiny on how lenders deploy AI as technology expands through the industry, Nupur Anand of Reuters reports, citing people familiar with the situation. Regulators are stepping in as AI begins exposing the sector to cybersecurity and fraud risk. For the moment, their approach is to closely watch, with the aim of understanding how banks deploy the technology. Publicly traded companies in the banking space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).