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Credit Suisse CEO says sustainable investing no longer means lower returns
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The Brief: Securitization for sustainable development, forest carbon, home healthcare, Backstage s portfolio, Engine No 1 s shareholder strategy
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Morgan Stanley Announces Inaugural Winners of the Sustainable Solutions Award and Collaborative
Five breakthrough innovations from across Africa, Southeast Asia, Europe and North America will each receive a $250,000 award and participate in a strategic new collaborative to focus on systemic solutions to complex sustainability challenges.
The Morgan Stanley Institute for Sustainable Investing (the Institute) today announced the inaugural cohort of its Sustainable Solutions Collaborative (the Collaborative), an initiative to identify breakthrough innovations that address systemic change to support sustainability. Spanning Africa, and Southeast Asia, Europe and North America, the five winners will participate in a bespoke yearlong strategic collaboration with the Institute where they will tap into the full range of Morgan Stanley s expertise, networks and resources to help them achieve scale. Each winner will also receive an award of $250,000 to increase the impact and reach of their
REUTERS/Brendan McDermid
Morgan Stanley has named new leaders in its wealth division as it integrates E-Trade.
The bank also recently named a new chief marketing officer, previously with E-Trade.
Andy Saperstein, recently named co-president of the firm, detailed the changes in a memo.
Morgan Stanley has added several E-Trade executives to its sprawling wealth management division s leadership team and recently named a new chief marketing officer for the firm, according to a memo co-president Andy Saperstein sent to employees on Wednesday.
The New York investment bank has been in the process of meshing E-Trade and its $4.2 trillion wealth management business at a moment when retail investors, who have long flocked to E-Trade as a do-it-yourself trading platform, are flooding the markets. Morgan Stanley closed on its acquisition of the brokerage last October.
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