Applied online. Received email to make appointment. Standard phone screen followed by video call with HR. Next stage was discussion with VP's on the team. These rounds took course over 2.5 weeks. I did not get offer but was punching above my weight at the time.

Phone screen with several qualitative and technical questions. Interviewer asked about Morgan Stanley's history, including mergers and CEOs. Other than that the usual technical finance questions and why MS. After this round there is a super day which I did not attend.