Michael Grimes, a technology banker with Morgan Stanley , is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.

Major U.S. banks Morgan Stanley and Bank of America are exploring cryptocurrency service offerings while awaiting regulatory clarity, marking a shift in traditional banking's approach to digital assets.

Hedge funds have positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would continue to rise, according to bank research and industry data.

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

U.S. President Donald Trump’s first day in the Oval Office seemed light on any immediate action on that front, sending markets higher.

The CEO of top American bank Morgan Stanley said that he is open to working with regulators so that the firm can offer crypto services.

High interest rates have been weighing on the stock market rally, and there may be little Donald Trump can do to remedy that issue.

With Trump set to implement at least 100 executive orders on Monday, here are the areas of the market that could see moves.

Investing.com-- Chinese stocks are likely to face profit-taking and increased risk aversion going into the New Year holiday, Morgan Stanley (NYSE: MS) analysts said in a note, especially in the face of U.S. trade tariffs under President Donald Trump.

Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures edged lower and oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,

U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 rose 0.5% Thursday amid relatively quiet trading and surpassed the record it set early last month.

CEO Brian Moynihan and JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon on Thursday at the World Economic Forum, alleging discrimination against conservative clients. Trump, addressing the audience via video conference,