Morgan Stanley has a new faith-based investing program

AP/Plinio Lepri

Pope John Paul II, flanked by alter boys, blesses the faithful during the weekly general audience in the Paul VI Hall at the Vatican.

Morgan Stanley has a new fund based on Catholic values (Think Advisor)

Pope Francis visited New York City from September 24 until September 26. Just weeks after his departure, Morgan Stanley announced it's introducing a Catholic-focused investing program. A statement released by the firm says, clients can now "customize their portfolios to align with their personal and institutional faith-based goals." The fund allows clients to invest in companies that provide services like affordable housing while avoiding predatory lending and other activities "inconsistent with Catholic Values."

Dell acquired EMC in the largest tech merger of all-time (Business Insider)

Dell announced it has purchased EMC for about $67 billion, or $33.15 per share, a roughly 28% premium from Friday's closing price. "The combination of Dell and EMC creates an enterprise-solutions powerhouse bringing our customers industry-leading innovation across their entire technology environment," Michael Dell said. The deal is approximately twice as big as the $33.4 billion merger between Compaq and Hewlett-Packard. The TimeWarner-AOL deal back in 2000 was larger at $164 billion, but was considered a media deal at the time.

Jeff Gundlach has some new ETFs on the way (Reuters)

Jeff Gundlach's DoubleLine Capital has teamed up with State Street Global Advisors to offer two new exchange traded funds. According to Reuters, the two partners have disclosed plans for the SPDR DoubleLine Short Term Total Return Tactical ETF and the SPDR DoubleLine Emerging Markets Fixed Income ETF. As of September 30, the SPDR DoubleLine Total Return Tactical ETF had $1.18 billion in net assets.

Vanguard is the new king of defined contribution mutual fund assets (Pensions & Investments)

Vanguard's defined contribution mutual fund assets rose 7.9% from a year ago t0 $568.2 billion. The surge has allowed Vanguard to surpass Fidelity ($528.8 billion) as the largest manager of defined contribution mutual fund assets, according to the latest survey conducted by Pensions & Investments. Capital Group ($280.9 billion), T. Rowe Price ($216.0 billion) and JPMorgan Asset Management ($73.2 billion) round out the top five, according to Pensions & Investments.

Monday is "National Online Bank Day" (Ally Bank)

In honor of surpassing the one million retail deposit customer mark, Ally Bank has declared the second Monday of each October "National Online Bank Day." According to research conducted by Javelin Strategy & Research, 87% of US households conduct some banking online. "In addition to the value and high-level of service we provide, in banking with Ally, our customers can accomplish nearly every task they might typically conduct at a bank branch simply and efficiently," Ally Bank CEO and president Diane Mor noted.