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BANK OF AMERICA's stock was upgraded to buy by UBS AG, bucking recent trends and recommendations on bank stock investment. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI

BofA, Morgan Stanley get rare upgrades in season of pessimism

NEW YORK - Analysts haven’t shown a lot of love to bank stocks lately, but a few calls are swimming against the tide. UBS AG...
NINE BIG BANKS and brokers are attempting to form a new United States stock market called The Members Exchange. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Brokers form new stock market to take on NYSE, Nasdaq, Cboe

NEW YORK - A group of big banks and brokers is forming a new United States stock market, funneling years of frustration about how much...
THE FEDERAL RESERVE'S bank stress test assumed tougher economic conditions than 2017 for its "severely adverse scenario." / BLOOMBERG

Goldman, Morgan Stanley say test scores may not curb payouts

NEW YORK - Goldman Sachs Group Inc. and Morgan Stanley are imploring investors not to get spooked. The investment banks had the two lowest capital...

Tricia S. O’Neil, CFA, Named to Forbes Magazine’s List of America’s...

NEW YORK - Morgan Stanley (NYSE: MS) today announced that Tricia S. O’Neil, CFA, a Senior Vice President, Financial Advisor in the Firm’s Providence...

UWRI honors Carrieres for volunteerism

Richard and Louise Carriere were recently recognized by United Way of Rhode Island with the prestigious 2017 Tocqueville Society Award, the highest annual honor...
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