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Market Chatter: Morgan Stanley, Raisin UK Enter Savings Market

Market Chatter: Morgan Stanley, Raisin UK Enter Savings Market

MT newswireMT newswire2026/10/19 08:20
04:20 AM EDT, 10/19/2026 (MT Newswires) -- Morgan Stanley (MS) this week will offer savings accounts to individuals in the UK, in partnership with fintech platform Raisin UK, Bloomberg reported on Monday, citing anonymous sources. Seeking to expand its deposit base, Morgan Stanley is offering fixed-term deposits with rates up to 5.1%, on a minimum deposit of 1,000 pounds, the Wall Street brokerage said in statement on Monday. Morgan Stanley will look at other partners and products in the UK, and has entered similar deposit-gathering ventures with Raisin in the Netherlands and Germany. Representatives from Morgan Stanley and Raisin UK did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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