Hints and tips:
...By Wednesday, the bank had hired Morgan Stanley as it sought to raise up to £600mn to bolster its balance sheet....
...Financial markets and parts of Morgan Stanley’s own investment banking business struggled to adjust to the Fed’s aggressive campaign to stamp out inflation....
...If we were to assume that the $4bn of employee loans on the balance sheet were all a result of acqui-hiring advisers, at an average multiple of 3.25x revenues (Morgan Stanley is towards the lower end for...
...Morgan Stanley is making plans to axe another 3,000 jobs or roughly 5 per cent of staff by the end of June, said people familiar with the discussions, who added the cuts would exclude customer-facing financial...
...Goldman Sachs’ capital levels fell the most among the banks based in the US, followed by Morgan Stanley....
...It also earns more from investment banking fees than any other Wall Street bank, consistently outranking Goldman Sachs, Morgan Stanley and Bank of America....
...Smart reads Wealth for the win Andy Saperstein was a long-shot to replace Morgan Stanley’s James Gorman....
...in the near term for deposits over $250,000....
...Morgan Stanley is making plans to eliminate another 3,000 jobs by the end of June. Lazard plans to cut 10 per cent of its staff this year....
...of China Renaissance who began his career as an M&A banker at Wall Street giants Morgan Stanley and Credit Suisse, was once seen as China’s supreme “nerd whisperer”....
...According to Morgan Stanley, this week, it’ll be 238 days without a tech IPO worth more than $50mn....
...The market “is softening around the world,” says Cristina Arbelaez, global economist at Morgan Stanley. “We are now starting to see a reversal” of last year’s housing boom, she warns....
...At Pushkin Industries, special thanks to Mia Lobel, Leital Molad, Justine Lang, Julia Barton, Heather Fain, Jon Schnaars, Maggie Taylor, Morgan Ratner, Eric Sandler, Jake Flanagin, Jordyn McMillin, Mary...
...Morgan Stanley research....
...Bruna Skarica, Chief UK economist, Morgan Stanley: Our latest forecast is for headline inflation to average at 1.8 per cent in 4Q24 and at 2.2 per cent over 2024 as a whole, with the target reached in early...
...Morgan Stanley, by comparison, trades at about 1.7 times book, ahead of its five-year average of 1.3....
...Morgan Stanley inherited from Smith Barney....
...Regardless of whether Rivian meets its orders on time, the investment bankers that led the IPO at JPMorgan Chase, Morgan Stanley and Goldman Sachs have emerged as clear winners....
...The housebuilder reported 17,243 completions last year, down 3.4 per cent on the 2019 total, at an average selling price up 3.1 per cent year on year to £289,000....
...Smith Barney, for whom Morgan Stanley struck a joint venture with Citi in 2009 before buying in full four years later, offered the potential to make the wealth management division “big enough and durable...
...Archegos founder Bill Hwang last week gathered Wall Street lenders Goldman Sachs, Morgan Stanley and Wells Fargo, as well as Swiss rivals UBS and Credit Suisse and Japan’s Nomura in a last-ditch effort to...
...(FT) Morgan Stanley’s former head of diversity sues over racial bias Marilyn Booker, who headed diversity at Morgan Stanley from 1994 to 2010, has sued the bank and its chief executive James Gorman over...
...(FT) The day ahead Earnings Morgan Stanley and Bank of America are the latest banks to report second-quarter earnings....
...The bank’s existing wealth management business, formed through decades of acquisitions including a $13.5bn deal to buy Smith Barney in 2009, manages around $2.7tn of assets for 3m typically wealthy clients...
...“I don't think it is far-fetched at all,” says Michael Wilson, head of US equities strategy at Morgan Stanley....
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