Latest news with #AftabShahsingh
Reuters
21-07-2025
- Business
- Reuters
Morgan Stanley hires Shahsingh from UBS to head North American industrial services IB
NEW YORK, July 21 (Reuters) - Morgan Stanley (MS.N), opens new tab has hired Aftab Shahsingh from UBS (UBSG.S), opens new tab to lead industrial services coverage in its investment bank in North America, according to a source familiar with the situation. Shahsingh has worked in industrial services for over 15 years and led more than 50 advisory and capital-raising transactions since 2020, said the source, who declined to be identified discussing personnel matters. Shahsingh will join Morgan Stanley later this year. The bank has been adding to its industrials practice with recent hires, including David Hammond in metals and mining and Sean Murray for chemicals, both from Goldman Sachs, and Andy Lipsky and Chris Khouri for industrial technology coverage from JPMorgan Chase. Last week, Morgan Stanley reported a profit that beat Wall Street estimates in the second quarter, but its investment banking revenue shrank. The bank saw a pick-up in activity in the latest part of the second quarter, CEO Ted Pick told investors during the earnings call. "The second half ended with increasing engagement and a steady rebound in capital markets," Pick told analysts. Chief Financial Officer Sharon Yeshaya told Reuters in an interview the bank is optimistic about M&A discussions. "Companies are looking past tariffs for strategic movements and growth," she said.
Yahoo
21-07-2025
- Business
- Yahoo
Morgan Stanley hires Shahsingh from UBS to head North American industrials banking
NEW YORK (Reuters) -Morgan Stanley hired Aftab Shahsingh from UBS to lead industrials services coverage in its investment bank in North America, according to a source familiar with the situation. Shahsingh has worked in industrial services for more than 15 years and led more than 50 advisory and capital raising transactions since 2020, said the source, who declined to be identified discussing personnel matters. Shahsingh will join Morgan Stanley later this year. The bank has been adding to its industrials practice with recent hires, including David Hammond in metals and mining and Sean Murray for chemicals, both from Goldman Sachs, and Andy Lipsky and Chris Khouri for industrial technology coverage from JPMorgan Chase. Last week, Morgan Stanley reported a profit that beat Wall Street estimates in the second quarter, but its investment banking revenue shrank. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
21-07-2025
- Business
- Reuters
Morgan Stanley hires Shahsingh from UBS to head North American industrials banking
NEW YORK, July 21 (Reuters) - Morgan Stanley (MS.N), opens new tab hired Aftab Shahsingh from UBS (UBSG.S), opens new tab to lead industrials services coverage in its investment bank in North America, according to a source familiar with the situation. Shahsingh has worked in industrial services for more than 15 years and led more than 50 advisory and capital raising transactions since 2020, said the source, who declined to be identified discussing personnel matters. Shahsingh will join Morgan Stanley later this year. The bank has been adding to its industrials practice with recent hires, including David Hammond in metals and mining and Sean Murray for chemicals, both from Goldman Sachs, and Andy Lipsky and Chris Khouri for industrial technology coverage from JPMorgan Chase. Last week, Morgan Stanley reported a profit that beat Wall Street estimates in the second quarter, but its investment banking revenue shrank.
