Banks Weaken, XLF Down 0.9%
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Morgan Stanley (MS) Announces Election of Mary Schapiro to Board
June 26, 2018 4:33 PM EDTMorgan Stanley (NYSE: MS) today announced that Mary Schapiro has been elected to the Companys Board of Directors, effective July 1, 2018.
Ms. Schapiro, 63, is Vice Chair of Promontory Advisory Board, part of Promontory Financial Group. Prior to this, she served as the first Chairwoman of the U.S. Securities and Exchange Commission.
James Gorman, Chairman and CEO of Morgan Stanley, said, I am delighted to welcome Ms. Schapiro to our Board. Her leadership experience at the SEC, FINRA and CFTC brings strong finance, risk management and regulatory expertise to the Firm. The Board,... More

