Tuesday's Headlines: Morgan Stanley to Cease Hiring in Investment Banking
Morgan Stanley is freezing hiring in investment banking for the rest of the year.
Boutique bank Moelis & Co is expanding in asset management after acquiring Gracie Credit. [WSJ]
Credit Suisse is launching a new loan product in India as it grows its wealth management business there. [The Financial]
Ernst & Young is using social media to attract new people and plans to fill 6,000 intern and entry-level positions this year. [Big4]
The largest U.S brokerages will lose market share to independent registered investment advisers and boutiques according to a new report.[Reuters]
