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.

Morgan Stanley eyes crypto expansion under Trump, collaborates with regulators on digital asset adoption and institutional services.

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.

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

British Prime Minister Keir Starmer and U.S. President Donald Trump agreed to meet soon on a call on Sunday when they also spoke about the royal family and of their two countries "warm ties", according to statement from Downing Street.

“While dollar bulls are numerous and perhaps most vocal in expressing their views, there seems to be a more ‘silent’ plurality of investors looking to sell the dollar instead,” strategists including David Adams wrote in a note. “Many have dry powder and are waiting for a sign to enter shorts.”

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.

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 ...

A group of banks led by Morgan Stanley is preparing to sell as much as US$3bil of senior debt tied to Elon Musk’s buyout of X, the social media platform formerly known as Twitter, according to people with knowledge of the matter.

Wall Street giants are finally preparing to join the cryptocurrency world, thanks to Donald Trump’s relentless push to bolster the digital assets sector, especially after the latest executive order. According to CNBC,

The dollar wrapped up its worst week in 14 months as currency traders grapple with lots of tariff talk, with no real action, from President Donald Trump.

The US dollar has hit its lowest point in 14 months, with traders dumping the currency after a rocky week filled with trade threats from Mr. President Donald Trump. The Bloomberg Dollar Spot Index took a heavy hit,