Hints and tips:
...Morgan Stanley has about $4bn worth of them. They aren’t risky; there was only $139mn of credit loss allowances against employee loans as of the last 10-K....
...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...
...Barney....
...Contact Morgan Stanley directly if lithium-ion this is your thing. For everyone else we’ll cut to the numbers. What’s in the price?...
...Jacob Nell, chief UK economist, head of European economics, at Morgan Stanley: No....
...Melanie Baker and Jacob Nell, UK economists, Morgan Stanley We expect growth to halve from 2 per cent in 2016 to 1 per cent in 2017 in a “slowburn slowdown”....
...Melanie Baker and Jacob Nell, UK economists, Morgan Stanley Feel about the same as 12 months ago We have broadly the same view about the long-term impact of leaving the EU....
...This would threaten to outweigh any wider benefits to the UK economy coming from cheaper imported goods Melanie Baker, Jacob Nell, Morgan Stanley A vote to leave could see the UK flirting with recession...
...Morgan Stanley’s adjusted earnings per share strip out an 8 cents loss tied to its acquisition of Smith Barney, the retail brokerage that it has been buying from Citigroup, and a 6 cents gain from an accounting...
...More to the point, Citi’s had a rough time closing the Smith Barney transaction with Morgan Stanley, taking a $2.9bn hit when it lost a valuation dispute....
...of Smith Barney....
...The fund is being offered to Morgan Stanley Smith Barney’s “sophisticated” investors....
...Stanley Smith Barney....
...Morgan Stanley Smith Barney has been beset by technical difficulties as it tries to meld computer systems from various legacy companies....
...Based on the expectation of “robust” central bank efforts, the global investment committee at Morgan Stanley Smith Barney has moved to increase its exposure to equities, investment grade corporate bonds,...
...Morgan Stanley, which owns 51 per cent of Smith Barney, is exercising its right to acquire an additional 14 per cent from Citigroup, which owns the rest of the shares....
...Morgan Stanley has been expanding its own asset management business, including its own private bank, through its Morgan Stanley Smith Barney venture....
...Morgan Stanley agreed to fold its retail brokerage business into a joint venture with Smith Barney in 2009....
...Morgan Stanley made plans to buy another 14 per cent Smith Barney. It could take up to three months to negotiate a price with Citi, Morgan Stanley’s joint partner in the retail brokerage....
...(Financial Times) - Morgan Stanley is attempting to maintain its rating from Moody’s....
...the rest of Citigroup brokerage Smith Barney, according to people familiar with the matter....
...Anyhow, moving along: Global Wealth Management Group delivered net revenues of $3.3 billion, with net new assets for the quarter of $15.5 billion, a record since the inception of the Morgan Stanley Smith...
...Morgan Stanley climbed 0.4 per cent to $17.17 as Credit Suisse analysts estimated the market value of the Morgan Stanley Smith Barney brokerage – which is 51 per cent owned by Morgan Stanley – at $15bn,...
...The centrepiece of the new strategy was revealed last year, when Morgan Stanley folded its retail brokerage business into a joint venture with Citigroup’s Smith Barney....
...The bank, which owns 51 per cent of Morgan Stanley Smith Barney, has options to buy out Citi’s remaining stake in several tranches....
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