Morgan Stanley

StanChart in talks to buy Morgan Stanley’s India unit, say sources

28 Feb 2013

Standard Chartered is in talks to buy Morgan Stanley’s Indian private wealth management unit, which manages about US$1 billion (HK$7.76 billion) including loans, two sources with direct knowledge...

Morgan Stanley pays US$1.2b for Russian mall in largest retail purchase

27 Feb 2013

A fund managed by Morgan Stanley acquired Metropolis Shopping and Entertainment Mall from Capital Partners, the Kazakh developer that opened the property in 2009, the bank said.

Business Digest, January 19, 2013

19 Jan 2013

Earnings at China's state-owned firms rose 22.4 per cent from November, accelerating from November's increase of 5.7 per cent, but the pick-up was not enough to offset weakness for the year, when...

Business Digest, January 16, 2013

16 Jan 2013

Morgan Stanley job cuts in Asia to hit 15pc

BAIC Motor shortlists advisers for stock listing

11 Jan 2013

State-owned Beijing Automotive Industry has shortlisted Goldman Sachs and Morgan Stanley for a US$1 billion initial public offering in Hong Kong that may come as early as next year.

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Business Digest, January 10, 2013

Morgan Stanley, the sixth-largest US bank by assets, plans to eliminate about 1,600 jobs from its investment bank and support staff in coming weeks, a person familiar with the matter said. About...

Morgan Stanley bosses raise HK$2.5m for Operation Santa Claus

Some of the biggest wheels in Hong Kong's financial world dropped the business talk to join voices with some of the city's youngest cancer patients and sing of the joys of Christmas.

Morgan Stanley lays off private bankers

Morgan Stanley this week laid off several private bankers, including one vice-president and some associates and analysts.

MANAGEMENT

Pandit quits as Citigroup's chief

Citigroup chief executive Vikram Pandit resigned abruptly yesterday, effective immediately, a shock change at the top of the No 3 US bank the day after a surprisingly strong quarterly earnings...

MARKETS

Investment banks favour loans over junk bonds

Firms from JP Morgan Chase to Morgan Stanley are shifting their preference to leveraged loans over junk bonds, seeking debt that offers higher claims on corporate assets as the economy slows and...

LISTINGS

Chinalco Mining to slash share offering

Chinalco Mining, a unit of Aluminum Corp of China (Chinalco), may slash its up to US$1 billion initial public offering in Hong Kong by more than half as it faces lacklustre demand for new shares...