LONDON, UNITED KINGDOM - SEPTEMBER 18: In this photo illustration a Morgan Stanley credit card is pictured on September 18, 2008 in London, England. The banking and financial markets have been left reeling from falling share prices and the news that Lloyds TSB has unveiled details of its 12.2 billion GBP takeover of HBOS creating a UK 'super' bank. Getty Images logo Getty Images 14 months ago

LONDON, UNITED KINGDOM - SEPTEMBER 18: In this photo illustration a Morgan Stanley credit card is pictured on September 18, 2008 in London, England. The banking and financial markets have been left reeling from falling share prices and the news that Lloyds TSB has unveiled details of its 12.2 billion GBP takeover of HBOS creating a UK 'super' bank.

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  1. Morgan Stanley Private Wealth Management Head of EMEA Alexander Classen gestures during the Reuters Global Wealth Management Summit in Geneva October 6, 2009.
  2. Morgan Stanley Private Wealth Management Head of EMEA Alexander Classen gestures during the Reuters Global Wealth Management Summit in Geneva October 6, 2009.
  3. Morgan Stanley Private Wealth Management Head of EMEA Alexander Classen gestures during the Reuters Global Wealth Management Summit in Geneva October 6, 2009.
  4. Morgan Stanley Private Wealth Management Head of EMEA Alexander Classen gestures during the Reuters Global Wealth Management Summit in Geneva October 6, 2009.
  5. Russian Prime Minister Vladimir Putin, right, and Morgan Stanley's CEO John Mack, left, meet during an international investment forum in the Black Sea resort of Sochi, which is hosting the 2014 Winter Olympics, Russia, Friday, Sept. 18, 2009.
  6. Stephen Roach, Morgan Stanley's Asia chairman, speaks during the Global Economic Outlook session at the World Economic Forum (WEF) annual meeting of the New Champions, in China's port city Dalian, September 11, 2009. China is unlikely to lead the global economy out of recession because its own recovery lacks balance, driven mainly by fixed asset investment, Roach said on Thursday.
  7. Stephen Roach, Morgan Stanley's Asia chairman, speaks during the Global Economic Outlook session at the World Economic Forum (WEF) annual meeting of the New Champions, in China's port city Dalian, September 11, 2009. China is unlikely to lead the global economy out of recession because its own recovery lacks balance, driven mainly by fixed asset investment, Roach said on Thursday.
  8. A staff member adjusts a microphone for Stephen Roach, Morgan Stanley's Asia chairman, during the Global Economic Outlook session at the World Economic Forum (WEF) annual meeting of the New Champions, in China's port city Dalian, September 11, 2009. China is unlikely to lead the global economy out of recession because its own recovery lacks balance, driven mainly by fixed asset investment, Roach said on Thursday.
  9. The Bank of England is seen in central London, Wednesday Nov. 25, 2009. Britain's treasury minister on Wednesday defended the secrecy surrounding the Bank of England's decision to loan 61.6 billion british pounds ($101.8 billion US) to save two banks from collapse last year. The central bank revealed this week it had loaned the Royal Bank of Scotland PLC and HBOS PLC more than it had initially disclosed. The secret loans to prop up the banks came in October and November 2008, when the financial system froze in panic in the wake of the bankruptcy of Lehman Brothers.
  10. The Bank of England is seen in central London, Wednesday Nov. 25, 2009. Britain's treasury minister Paul Myners on Wednesday defended the secrecy surrounding the Bank of England's decision to loan 61.6 billion british pounds ($101.8 billion) to save two banks from collapse last year. The central bank revealed this week it had loaned the Royal Bank of Scotland PLC and HBOS PLC more than it had initially disclosed. The secret loans to prop up the banks came in October and November 2008, when the financial system froze in panic in the wake of the bankruptcy of Lehman Brothers.

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  2. Outgoing Director General of the International Atomic Energy Agency, IAEA, Mohamed ElBaradei, left, talks to Egypt's Ambassador Mohamed Mostafa Fawzy prior to the start of the IAEA's 35-nation board meeting at Vienna's International Center, in Vienna, on Friday, Nov. 27, 2009.
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