Fall 2026
Posted on 8/21/2026
Global financial services; wealth management
$17.05/hr
Company Does Not Provide H1B Sponsorship
Chicago, IL, USA
In Person
Bachelor's
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Morgan Stanley is a global financial services firm offering investment banking, securities, wealth management, and investment management services to individuals, families, institutions, and governments. It helps clients raise, manage, and distribute capital through advisory services, asset management, trading, and financing activities, with revenue from advisory fees, asset management fees, trading commissions, and interest income. The company differentiates itself through its large, worldwide platform that provides a full suite of services across markets and client segments, a focus on client needs and long-term relationships, and a strong emphasis on institutional expertise and capital markets capabilities. Its goal is to help clients achieve their financial objectives by delivering tailored financial solutions and maintaining enduring client partnerships.
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1935
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Mental Health Support
Wellness Program
Charles Schwab Corporation has completed a $2.6 billion debt offering, issuing two tranches of fixed-to-floating rate senior notes. The company sold $1.25 billion of 5.108% notes due 2032 and $1.35 billion of 5.655% notes due 2037. The offering was led by BofA Securities, Citigroup Global Markets, Morgan Stanley, TD Securities and Wells Fargo Securities as joint bookrunning managers. Charles Schwab is a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management and financial advisory services through its subsidiaries. The firm serves individual investors and independent investment advisors. Simpson Thacher represented the underwriters in the transaction, with a team led by Roxane Reardon.
Morgan Stanley reports US corporate earnings momentum is spreading beyond large technology companies, with 87% of S&P 500 firms beating second-quarter expectations, up from 82% previously. Earnings revision breadth has recovered to 23%, with 76% of industry groups recording positive revisions. Russell 3000 median earnings growth has accelerated to 15%, its strongest pace since 2021. However, investors are becoming more selective, rewarding companies that combine earnings growth with strong free cash flow. The bank favours quality stocks, AI adopters, large-cap financials, and consumer discretionary goods. Within technology, Morgan Stanley prefers hyperscalers over semiconductor companies for longer-term investments. The strategists identified higher long-term interest rates and oil prices as principal near-term risks to their constructive outlook.
Morgan Stanley has significantly increased its holdings of Bitcoin, Ethereum, and Solana exchange-traded products, signalling a deeper commitment to digital assets within its wealth management platform. The move comes as the bank completed fixed-income offerings totalling approximately $7.54 million in senior unsecured notes with coupons ranging from 4.650% to 5.200%. The expanded cryptocurrency ETF exposure adds a new dimension to Morgan Stanley's investment narrative, which centres on growing fee-based wealth management whilst navigating regulatory and technology shifts. Changes in client demand or regulatory treatment for digital assets could influence flows, fee mix, and capital allocation. Morgan Stanley's narrative projects $84.8 billion revenue and $20.1 billion earnings by 2029, requiring 5.0% yearly revenue growth. However, analysts warn that digital disruption and passive products could pressure traditional advisory and asset management fees.
Wall Street's largest banks are investing billions in AI, though questions persist about returns on these massive expenditures. JPMorgan leads with a nearly $20 billion annual technology budget, claiming its $2 billion AI investment has already matched costs in savings. The bank tracks how its engineers use AI tools and has deployed its proprietary platform to over 200,000 employees. Goldman Sachs spent $6 billion on technology this year, whilst announcing AI-driven efficiency measures that will slow hiring and reduce some roles. Citigroup takes a bottom-up approach with 4,000 employees trained as AI stewards, reporting nearly 90% staff usage of AI tools. Wells Fargo and Bank of America are also deploying AI across operations, from wealth advisory to code development. Morgan Stanley's partnership with OpenAI saved developers over 280,000 hours in the first half of last year. Despite widespread adoption, JPMorgan CEO Jamie Dimon noted banks don't "uniquely benefit from AI" since everyone now uses it.
Morgan Stanley, Aditya Birla Sun Life AMC and ICICI Prudential AMC acquired shares worth Rs 118.44 crore in diagnostic chain Metropolis Healthcare from promoter entities through open-market transactions on August 11. Shares of Metropolis Healthcare corrected 1.12 percent to close at Rs 566.25 on the National Stock Exchange following the block deals. The stock, however, has maintained its higher-high, higher-low structure. Promoter entities Duru...