Morgan Stanley has emerged as adviser to Home Depot, the home improvement retailer which yesterday bid $3.5bn (€2.9bn) for construction products distributor Hughes Supply.

Last July Home Depot used Merrill Lynch for the $1.3bn purchase of National Waterworks, a distributor of products for wastewater transmission systems.

Shanny Basar in New York

Home Depot

Morgan Stanley

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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Junior bankers at Robert W. Baird say such long hours weren’t unusual for industrials team.

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Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

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The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

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The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

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The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

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Morgan Stanley moves in on Home Depot

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