Morgan Stanley is acquiring E*Trade for $13 billion, hoping to target its 5.2 million-strong client base.
CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.
Cryptocurrencies are now a new institutional investment class, rather than a fully developed electronic cash, a Morgan Stanley report says.
Banking giant Morgan Stanley has estimated that hedge funds invested $2 billion in cryptocurrencies this year.
Morgan Stanley Chairman and CEO James Gorman has added to recent criticism of bitcoin in new comments.
Morgan Stanley CEO James Gorman thinks that bitcoin is more than a "fad," according to new statements.
Banking giant Morgan Stanley is said to be pulling back from the R3 blockchain consortium.
Former Morgan Stanley managing director Caitlin Long has joined blockchain startup Symbiont as president and chairman of the board.
Morgan Stanley has issued its predictions for how the blockchain industry could evolve over the next decade.