Hints and tips:
...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....
...Pawan Passi and Charles Leisure, two bankers on Morgan Stanley’s block trading desk previously placed on leave, parted ways with the lender this month amid a US probe into their group’s work, Bloomberg reports...
...In recent months it has held discussions with Citigroup chief financial officer Mark Mason and outgoing Morgan Stanley chief operating officer Jonathan Pruzan....
...securities and, finally, into the circle of elite Wall Street investment banks that included both Goldman Sachs and Morgan Stanley — as well as through its many tragic mistakes....
...Tom Slater, joint manager of Baillie Gifford’s Scottish Mortgage Investment Trust, tells me: “In the time since we’ve owned Tesla, we’ve gone from a world where electric cars were a tiny, obscure corner...
...They appealed to Schwarzman and Peterson, pointing out that Morgan Stanley’s 1930s split from JPMorgan burnished both firms....
...Before that he was the global head of sales at Bloomberg Tradebook, and also spent more than 20 years at Morgan Stanley in roles including sales, research and management....
...The bank’s four main rivals — Bank of America, Citigroup, Goldman Sachs and Morgan Stanley — have all prospered too, boosted by growth in the domestic economy, and more recently President Donald Trump’s...
...Morgan Stanley analysts estimate the correlation between the US equity benchmark’s constituents is about 18 per cent, one of the lowest levels since 2004 and down from roughly 60 per cent last year....
...RIT Capital Partners, the investment trust he chairs, has cut its equity exposure from 55 per cent to 44 per cent of net assets that stand at £2.5bn....
...However, Morgan Stanley’s test result added to concerns raised by analysts after the first round....
...He and colleague Paul Verbinnen took two big accounts with them: Morgan Stanley and Ted Forstmann, the leveraged buyout billionaire credited with coining the phrase “barbarians at the gate”....
...Royal Bank of Scotland grew out of National Westminster Bank and later ABN Amro; Deutsche grew out of Morgan Grenfell and Bankers Trust; JP Morgan Chase – Bank One, Chemical Bank, scrappy Bear Stearns, Washington...
...The warehouse line of credit extended by Morgan Stanley “will allow us to originate more loans faster”, said Mike Cagney, SoFi chief executive....
...Morgan Stanley, UBS and Phatra Securities are arranging the deal for BTS....
...Banks such as Citi, Morgan Stanley and RBS, whose ratings have fallen below single A or the A2 threshold, have already indicated they are likely to have to post millions or even billions of dollars of additional...
...Among small caps, Carphone Warehouse fell 11.3 per cent to 133p after Morgan Stanley downgraded based on trading worries....
...A trio of KKR Capital Markets, UBS Investment Bank and Morgan Stanley Senior Funding committed a senior debt package, while the private equity group’s debt unit also preplaced a high-yield bond and brought...
...E*Trade on Friday said that it had retained Morgan Stanley, in spite of the board concluding last year that the time was not right for a sale....
...However, the jump in the iTraxx subordinate financial CDS index to a record since the measure was launched in 2004 of 566 basis points – a rise of 257bp since August 1 is considered a good gauge of the weakening...
...Goldman Sachs and Morgan Stanley are extending repo maturities to 100 and 120 days, respectively, according to UBS....
...Leverage is lower across the entire industry, to 1.1 times capital in March 2010 from 1.27 times a year earlier, says HFR....
...The lead bookrunners on the deal are Bank of America Merrill Lynch, Morgan Stanley and JPMorgan Chase. The share offering market for financial groups has been mixed so far in 2010....
...In practice, that means the only Wall Street investment bank in Chapter 11 now runs a gung-ho proprietary desk even as its former competitors – Goldman Sachs and Morgan Stanley – scramble to amputate their...
...The remaining $260bn is probably composed of private label mortgages, ABS, and non-investment grade corporates....
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