Here are the top finance stories of the day for October 9

Happy Friday!

The big news of the day was Morgan Stanley announcing plans to acquire investment manager Eaton Vance for $7 billion. We’ve got some great analysis on the news, so no point wasting any more time up here!

If you’re not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

We are also looking for nominations for our first-ever Rising Stars of Real Estate. Get all the details on how to apply here.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. 

---

Joshua Roberts/Reuters

It’s been a big year for Morgan Stanley. 

Less than eight months after announcing plans to acquire discount brokerage E-Trade for $13 billion — and not even a week after closing the deal — the big bank has already pinpointed its next acquisition target: Eaton Vance.

Rebecca Ungarino has some great analysis on what acquiring a storied asset manager like Eaton Vance means for Morgan Stanley.

In short, it’s a move that indicates the bank’s desire to continue to differentiate its lines of revenue beyond the volatile business of sales and trading.

Click here to read the entire story.

---

Michael Kovac/Getty Images

Blake Dodge with a great scoop here on memo Goldman Sachs sent to employees detailing its reopening and testing strategy to get workers back in the office. Check out the entire note here. 

---

Morsa Images/Getty Images

Life sciences real estate — essentially space for pharmaceutical and biotech companies — is hotter than ever. Alex Nicoll analyzed the current industry boom, speaking to eight experts about what it means for the larger real-estate market (hint: it’s still going to hurt). Click here for the full read.

---

harbor

Take a peak inside Harbor, a disaster preparedness app. Alex Nicoll spoke to Harbor CEO Dan Kessler, who gave us a tour of the app. Read the full story here. 

---

Odd lots:

After expensing $5,100 in Dior bags, SoulCycle’s CEO was suddenly out. Now, an executive exodus and a culture war threaten to send the company off a cliff. (BI)

At least 60 Coinbase employees are quitting after the CEO declared an ‘apolitical culture’ at the $8 billion unicorn startup (BI)

A Corporate Sleuth Claims Squarepoint Capital Took Her Content. The Hedge Fund Is Threatening Action. What Actually Happened? (Institutional Investor)

A Columnist Makes Sense of Wall Street Like None Other (See Footnote) (NYT)

Vatican used charity funds to bet on Hertz credit derivatives (FT)