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" ... Add to that the emotional turmoil resulting from the Covid-19 pandemic, an uncertain economic climate and increased recognition of systemic racial injustice, and the state of mental health in America needs attention. ... "
" ... Despite the turmoil of 2020, Morgan Stanley’s CEO, who used to run Merrill Lynch’s brokerage business, didn’t hesitate to buy in 2020. Gorman bought E-Trade for $13 billion in February and followed up with the Eaton Vance acquisition later in the year. The two deals added 5 million customer accounts to Morgan Stanley, bringing the firm’s total assets under management to more than $1.2 trillion. ... "
" ... On the face of it, the average global household’s wealth is little changed in 2020, despite the economic turmoil. But drilling deeper into the numbers reveals huge disparities, with the headline figures masking a vast gulf between the economic winners and losers this year. ... "
" ... The turmoil in the financial markets and investors sitting at home saw a massive opportunity. Stockbrokers saw the unprecedented flow of new applications, and the result of this was reflected in stockbroking stocks such as Charles Schwab. The company's stock price rose from $30 (late March price) to $58 as of today. ... "
" ... Those who succeed in times of turmoil have one thing in common: agility. And to be truly agile, a business needs to not only react to customer-impacting issues quickly but make sure they don’t happen again. If brands can’t do so, they may be destined to fail in 2021. ... "