...of stomachs should read on, and even they should have vomit bags handy. Everyone else, avert your eyes. In September, Morgan Stanley told first and second years that they were to receive a base increase of 10k, effective December 1. Last week, on...
...restructuring such as a debt for equity swap and would leave minimal value in the equity," it said. In the same research, Morgan Stanley saw risks at Enterprise Inns , and turned negative on JD Wetherspoon because of its need to refinance debt within the...
...(Morgan Stanley and Citigroup discussed a merger in September, but talks went nowhere.) But as a commercial bank, Morgan Stanley can no longer operate with the level of risk or borrowed money that made it so profitable in the past. Big money-printing...
...Wells Fargo & Co. completes its pending purchase of Wachovia, likely by year end. "She is the real deal," Mr. Gorman says. Morgan Stanley could get some useful advice from Mitsubishi UFJ Financial Group. The Japanese bank, which has a 21% stake in Morgan...
Background
Morgan Stanley (NYSE: MS) is an investment banking and global financial services corporation headquartered in New York City. It serves a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 33 countries around the world with 600 offices, with an approximate employee workforce of 45,000. The company reports US$749 billion as assets under its management.
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1 day ago from PR Newswire