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Morgan Stanley

Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say
Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say A vast majority of people in an investor survey said CEO Elon Musk's growing political influence is damaging Tesla financially, according to reports. An investor survey by Morgan Stanley said 85 percent think Musk's political activities have had a "negative" or "extremely negative" impact on Tesla's business fundamentals, CNBC reported. An analyst from the investment banking firm received answers from 245 participants, a relatively small sample with some investors who don't have Tesla stock. Shares in the electric automaker were at $247.08 when trading opened on Wednesday, Mar. 12. Tha…
Best Financial Advisor In Bergen County In 2024: Anita Srivastava - Morgan Stanley Best Financial Advisor In Bergen County In 2024: Anita Srivastava - Morgan Stanley
Best Financial Advisor In Bergen County In 2024: Anita Srivastava - Morgan Stanley We are thrilled to announce that Anita Srivastava of Morgan Stanley has been named Best Financial Advisor in Bergen County in the 2024 Daily Voice Readers' Choice Awards! According to her website, Anita Srivastava is a certified financial planner and chartered retirement plans specialist. A Readers' Choice voter commented on her "extremely professional and diligent" approach to navigating markets while keeping clients' investment goals in focus. The 2024 Daily Voice Readers' Choice contest to name the Best of the Best in Bergen County began with reader nominations in October and end…
Paul Galvez, Filipino Immigrant From Sussex County, Dies, 50 Paul Galvez, Filipino Immigrant From Sussex County, Dies, 50
Paul Galvez, Filipino Immigrant From Sussex County, Dies, 50 Paul Errol Galvez, a longtime Sparta resident, died on Tuesday, May 14, at the age of 50, according to his obituary on the Goble Funeral Home site. "EG" as he was known to his family, was the eldest of three children and grew up in the Philippines, his obituary reads. Growing up, he enjoyed reading, playing video games and reading comic books, along with  weekly visits with his grandparents,  according to his obituary. He later moved to Sparta, graduating from Sparta High and studying International Business at Rutgers University, working in financial services at ING, Morgan S…
Feds Indict Bergen Advisor For Stealing $3M From Senior Clients To Gamble, Buy Home, Gold Coins Feds Indict Bergen Advisor For Stealing $3M From Senior Clients To Gamble, Buy Home, Gold Coins
Feds Indict Bergen Advisor For Stealing $3M From Senior Clients To Gamble, Buy Home, Gold Coins A disgraced former broker and investment advisor is now under federal indictment for stealing more than $3 million from clients that authorities said he used to gamble and buy gold coins and a new house in Bergen County. Kenneth A. Welsh, 42, of River Edge, "used his position as an investment advisor to gain the trust of his victims," U.S. Attorney Philip R. Sellinger said. "(He) then exploited that trust,” Sellinger said. Welsh was working at Wells Fargo Clearing Services in Fairfield when federal authorities said he began shifting money from clients' accounts to that he controlled in Ju…
Billion-Dollar Stock Fraud: Indicted Bergen County Businessman Freed On $100M Bond Billion-Dollar Stock Fraud: Indicted Bergen County Businessman Freed On $100M Bond
Billion-Dollar Stock Fraud: Indicted Bergen County Businessman Freed On $100M Bond A Bergen County businessman was arrested by federal agents on charges of orchestrating a massive market manipulation scheme that caused one of the biggest Wall Street trading collapses in history. Sung Kook “Bill” Hwang put the entire financial system at risk by conspiring with his former chief financial officer to boost profits for his Archegos Capital Management by lying to banks to inflate the stock prices of publicly traded companies, federal prosecutors said on Wednesday, April 27. The fraud scheme ballooned Hwang’s personal fortune from $1.5 billion to more than $35 billion in a singl…
Mahwah Financial Advisor Siphoned $1 Million From 98-Year-Old Widow's Account, State Says Mahwah Financial Advisor Siphoned $1 Million From 98-Year-Old Widow's Account, State Says
Mahwah Financial Advisor Siphoned $1 Million From 98-Year-Old Widow's Account, State Says A financial adviser from Mahwah pocketed nearly $700,000 and diverted another $300,000 or so of a 98-year-old widow’s money, said state authorities who stripped him of his ability to operate any longer in New Jersey. John Joseph Cahill, 71, used the woman’s bank account to write and cash $693,990 worth of checks, state Attorney General Gurbir S. Grewal said Friday. Cahill also used the account to pay his daughter, his wife, and various others more than $300,000 to provide unexplained services to the woman, the attorney general said. Cahill had been granted power of attorney for the victim,…
Liam O'Connell, 40, Of Hoboken; Fought Cancer With 'Humor And Grace' Liam O'Connell, 40, Of Hoboken; Fought Cancer With 'Humor And Grace'
Liam O'Connell, 40, Of Hoboken; Fought Cancer With 'Humor And Grace' Liam Patrick O'Connell of Hoboken died at home Friday. He was 40 years old.  He died from a rare form of nueroendocrine cancer, which he battled for eight months with "humor and grace," loved ones said.  Born in Red Bank to Timothy and the late Catherine O'Connell, he graduated from Holmdel High School and Boston College before embarking on a successful career as a financial adviser. He worked for Merrill Lynch for 15 years and finished his career with Morgan Stanley.  Along with his father, he is survived by his wife Stefanie; brothers Tim O’Connell Jr and Sean O’Conne…