Firm Management

Morgan Stanley Reports 40 Percent Drop In Quarterly Profit

Morgan Stanley Offers Wealth Management Services to Founders and Employees of near-IPO Startups

Morgan Stanley targets employees of near-IPO startups for wealth management, by using their partnership with Carta to offer financial guidance during liquidity events.


Nestle to Boost Marketing Spend to 9% Following $2.8B Cost-Cutting Efforts

Nestle plans to cut costs by $2.8B, boost marketing to 9% of sales, and reorganize its water and beverage businesses by 2025 to recover financial losses.

Ben & Jerry's Sues Parent Company, Unilever, for Silencing Their Support Statements on Gaza

Ben & Jerry's sues Unilever, alleging censorship of its statements on Gaza, claiming violations of its independent board's rights and its social mission.

Nestle's New CEO Freixe Takes Over to Fix the $100 Billion Food Giant's Struggles and 19% Stock Drop

Nestle's new CEO, Laurent Freixe, is steering the company toward stability after leadership changes, economic challenges, and shifting consumer habits.


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Cypriot banks reduced their exposure to Russian and Ukrainian clients, cutting over 13,000 and 35,000 accounts, respectively due to increasing international sanctions.
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