Hints and tips:
...As the chief executive of the retail brokerage Dean Witter in 1997, he engineered the acquisition of the gilded Morgan Stanley....
...The defunct retailer Sears launched the Discover card in the 1980s, eventually appending it to the Dean Witter retail brokerage. In the 1990s, the pair merged with the posh Morgan Stanley....
...Kelleher, a veteran of Morgan Stanley, will be watching if UBS can compete with his former bank and the industry leader in wealth management....
...The US has eight G-SIBs: JPMorgan, Citigroup, Bank of America, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street and Wells Fargo....
...Goldman Sachs and Morgan Stanley, whose businesses skew more towards investment banking, trading and asset management, report results on January 16....
...Job moves Morgan Stanley has hired Andy Lipsky, who previously worked as vice-chair of investment banking for JPMorgan, Bloomberg reports. He will have a similar role in his new post....
...The average reserves at JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley have fallen from $1.60 to 90 cents for every dollar of commercial real estate debt on which...
...“It is looking better overall, and what has improved is access to financing,” said Simon Waever, global head of emerging markets sovereign credit strategy at Morgan Stanley....
...Smart reads Number two no more Goldman Sachs’s equities team is back on top after a prolonged period when it trailed its arch-rival Morgan Stanley....
...Best, who has a first-class maths degree from the University of Cambridge, started his career with a stint in investment banking at Wall Street powerhouse Morgan Stanley....
...Even the supposed well-run experts at Morgan Stanley and UBS, they all took big losses by essentially giving this man the ability to make incredibly leveraged bets on very few stocks, hoping to win big but...
...In 1997, the bank merged with Dean Witter, Discover & Co, a retail brokerage/credit card group. How did it go?...
...There was a horrible culture clash between old and new in finance after Morgan Stanley merged with Dean Witter Discover, the retail broking and credit card group, in 1997....
...The rewards on offer have attracted many foreign groups over the years that have tried but failed to challenge entrenched local businesses such as Goldman Sachs, JPMorgan Chase and Morgan Stanley....
...They join from Morgan Stanley and Citi, respectively. Coatue Management managing director Aaron Weiner is leaving the group to start a new hedge fund, Bloomberg reports....
...Analysts at Morgan Stanley reckon cumulative deposit beta across large US banks will hit 47 per cent this year, up from 30 per cent at the end of last year....
...Sam Kellie-Smith, who was chair of global markets at Morgan Stanley, will lead the Asia team while Paul Enright, who managed his own money for six years after 12 years at hedge fund Viking Global, will be...
...The value of the carbon trading market worldwide could expand to $100bn by 2030, up from $2bn in 2022, according to Morgan Stanley....
...In that episode he was beaten by Philip Purcell, who had joined Morgan Stanley after the bank merged with Dean Witter, a retail brokerage, in 1997....
...Job moves Blackstone has appointed Thomas Nides, a former vice-chair at Morgan Stanley and US ambassador to Israel, to be a vice-chair of strategy and client relations....
...But the pick of the recent bunch of sellside reports on private credit is this humdinger of a total addressable market slide from Morgan Stanley....
...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...
...We have seen this recently with the valuation spread that has emerged between Morgan Stanley and Goldman Sachs....
...Penni Roll, chief financial officer of Ares Management’s credit group and Ares Capital Corporation, is stepping down and will remain on as a senior leader....
...The global market for voluntary carbon offsets is set to grow to $100bn by 2030 (from about $2bn in 2022), according to Morgan Stanley....
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