Morgan Stanley, gripped in an intense battle for power, moved swiftly yesterday to plug the top banking gaps left by the departures of Joe Perella and Terry Meguid.

Stepping up immediately as co-heads of investment banking are Michael Uva, previously head of European investment banking, and Cordell Spencer, deputy head of worldwide investment banking.

Morgan Stanley moves to replace top bankers

Anuj Gangahar in New York

Miles Costello

Morgan Stanley

FCA scraps SDR rollout for wealth managers

SJP, Quilter brace for Trump trade war turbulence

Quilter Cheviot veteran Alan McIntosh returns to the fold as Europe CIO

Trading Places: Point72, Caxton and T Rowe Price make hires

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Find out who is on the move in the City and beyond this week

Point72 hires ex-Millennium portfolio manager Prejesh Patel

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Patel, who marks the hedge fund’s latest hire, will be based in its London office

Jain Global money manager Anurag Nema exits to Caxton after one year

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Bobby Jain’s hedge fund launched in July

International visitors to Berkshire Hathaway’s annual meeting come to hear Warren Buffett, attend events, shop and mingle with like-minded investors.

Buffett’s ‘Woodstock for Capitalists’ Draws Admirers From Around the Globe

The lender’s revenue grew 6.6%, but it also reported a dip in profit due to an exceptional tax hit and heavier costs, which sent shares lower.

Credit Agricole’s Mixed Results Disappoint

Any bump in a targeted company’s stock price evaporates within a year, and even early gains aren’t as robust as they once were.

Should You Buy a Stock Targeted by an Activist Investor?

JPMorgan has appointed the chief executive of Chinese alternative asset manager CDH Investments as its new vice chair of Asia Pacific, marking the latest major hire by the U.S. bank as it seeks to expand its business in the region.

JPMorgan Hires CDH Investments Chief to Strengthen Asia Pacific Push

The Spanish bank’s revenue and profit saw double-digit percentage increases compared with a year prior.

BBVA’s Earnings Jump Beats Views on Spain Strength

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