• Mon
  • Sep 22, 2014
  • Updated: 3:12am

Morgan Stanley

Firms bolder about M&A as number of big deals rises

A string of large transactions drove the value of global mergers and acquisitions (M&A) activity up by 54 per cent in the first quarter compared with the same period last year, reflecting greater deal-making confidence among chief executives.

Saturday, 29 March, 2014, 12:39am

Pick me (and only me), Alibaba and JD.com told banks

Top investment banks have been forced to choose between two important clients - bitter rivals Alibaba and JD.com the mainland's largest e-commerce firms.

Both companies are planning to list in New York.

21 Mar 2014 - 12:27am 2 comments

US banks' third-quarter profit seen mixed

Morgan Stanley, Bank of America and Wells Fargo are poised to report a jump in earnings that may surprise some investors fixated on a slump in trading and mortgage lending.

9 Oct 2013 - 4:47am

Huarong split over investor plan ahead of Hong Kong IPO

Huarong, the biggest of the four funds the central government set up to remove an estimated 1.4 trillion yuan (HK$1.76 trillion) of bad loans from the top four state banks as they prepared for initial public offerings, has reportedly been looking to raise up to US$2 billion by selling a stake of 15 to 20 per cent.

24 Jul 2013 - 7:46am

Morgan Stanley quarterly profit jumps on stock trading

Morgan Stanley posted a 42 per cent increase in quarterly profit on Thursday as stock trading revenue soared, and the bank announced its first buyback plan since the financial crisis, in the latest signs that the No. 2 US investment bank is regaining its footing.

19 Jul 2013 - 2:43pm

EU charges banks with blocking exchanges from derivatives market

EU watchdogs have charged 13 top investment banks with blocking exchanges’ access to the lucrative credit derivatives market, hitting the sector with the latest in a growing list of regulatory headaches.

2 Jul 2013 - 1:01pm

Morgan Stanley moves event to US

Morgan Stanley will hold a gathering in New York to promote Asian hedge funds to investors after pulling its capital introductions event in China because of the bird flu, said three people with knowledge of the matter.

29 May 2013 - 2:51am

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

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.

27 Feb 2013 - 5:04am

Business Digest, January 19, 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 combined profits slipped 5.8 per cent compared to 2011, official data showed.

19 Jan 2013 - 5:12am

Business Digest, January 16, 2013

Morgan Stanley job cuts in Asia to hit 15pc

Morgan Stanley plans to trim about 15 per cent of its investment banking positions in Asia, higher than the global average of 6 per cent, as it starts a round of job cuts this week, two people with knowledge of the matter sais. They said Asian managing directors Saul Raccah and Leon Guo were among those who would leave. Bloomberg

16 Jan 2013 - 3:41am