Morgan Stanley CEO James Gorman spoke with FOX Business Network’s (FBN) Maria Bartiromo about Morgan Stanley’s fixed-income business.
Morgan Stanley is one of the world's largest diversified financial services companies, with a reputation for excellence in advice and execution on a global scale.
Morgan Stanley and Goldman Sachs both decided last month that it was worth losing millions of dollars in fees to get credit on a big merger they didn’t work on, four people with knowledge of the matter said.
Jonathan Egol, a Goldman Sachs trader whose desk produced the security that prompted the Securities and Exchange Commission to sue the firm, has retired.
BNP Paribas co-heads of fixed income in the Americas, Kip Testwuide and Christian Mundigo, are being replaced by Bob Hawley, who now leads the business in the Asia-Pacific region.
A busy week.
James Gorman, the CEO of Morgan Stanley, gave away nearly $1m worth of stock he owned in the bank last week.
Goldman Sachs has appointed two heads of investment banking in Russia, according to an internal memo seen by Reuters.
Sad to report.
Rich pickings ?
Greg Fleming, who runs Morgan Stanley’s asset-management division, said the business will boost profitability in the next two years while increasing assets by about one-third.
Trader Monthly has compiled a list of the best trading talent under 30.
The Financial Times reports that Citibank has sued the former manager of its Singapore brance, Jonathan Seah, alleging that he e-mailed 149 attachments to a personal e-mail address ahead of leaving the firm for the local UBS private banking operation.
After a number of our readers wrote in, we are now publishing the list of 'Trader Monthly' magazine's Top Traders Under 30, which appeared in the August/September issue.
Just how prestigious is your firm these days, post the financial crisis ?
Vikram Pandit, chief executive officer of Citigroup Inc., Anshu Jain, who will become co-CEO of Deutsche Bank AG in May, Robert Diamond, CEO of Barclays Plc, and James Gorman, CEO of Morgan Stanley, talk about the outlook for the banking industry and market sentiment.
Bloomberg's Stephanie Ruhle, Erik Schatzker and Scarlet Fu report on Morgan Stanley's role in the Facebook IPO and the negative effect on the company from Facebook's quick fall in the market.
Mitsubishi UFJ Financial Group is in talks to buy Morgan Stanley’s trust business, according to three people with knowledge of the matter.
Ever thought what it would be like to take part in a penalty shoot-out, and face off against soccer legends like Neville Southall (ex-Everton) and Hans Segers (ex-Wimbledon, and the coach to England goalkeeper Nigel Robinson) ? Well, 40 chancers now have a chance to show what they can do from the spot.
The New York Times 'DealBook' column published an article this week pointing out that the good times appear to be back on Wall Street - the parties are cranking up, the bars are back to overflowing, and it's difficult to get tables at the best New York restaurants. The icing on the cake, however, is that 'the dwarfs' look to be back!
It's not only bonus payouts financial markets professionals are thinking about at the moment - it's also their job security.