Bloomberg Morgan Stanley just beat JPMorgan Chase & Co and Goldman Sachs Group Inc for a second straight year in one of Wall Street’s most competitive businesses — and it’s poised to win again in 2019. Its secret: Quirky dealmakers wielding a spigot of private money. The bank is the world’s top stock underwriter, a title that in recent years …

Bloomberg UBS Group AG is in the early stages of planning the succession of Sergio Ermotti, one of European banking’s longest-serving chief executive officers, according to Chairman Axel Weber. Ermotti, almost eight years on the job, and Weber himself are at “a point in time where you need to start thinking about what is it that you’re going to do …

Bloomberg Kenya’s biggest mortgage lender plans to double its home-loan business over the next two years by offering longer repayment periods, its chief executive officer said. KCB Group Ltd, which has 70 billion shillings ($685 million) in home loans and is also the country’s biggest bank by assets, wants to have 20,000 mortgages on its books by the end of …