Morgan Stanley Sells India Wealth Management Unit
Morgan Stanley MS +2.48% Monday said it is selling its Indian wealth management business to Standard…
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Morgan Stanley
U.S. Stocks Decline As Consumer Confidence Index Slips
U.S. stocks fell after the Standard & Poor’s 500 Index moved within two points of its record high…
Morgan Stanley Case Leaves Facebook With Similar Legal Challenge
Facebook Inc. (FB), the world’s largest social-networking company, could be exposed to legal challenges surrounding…
Petroleum Ministry Asks NBE, BM To Arrange US$ 2 Bln Loan
The Ministry of Petroleum has submitted an official request to the National Bank of Egypt (NBE) and Banque Misr to…
Barclays Appoints Ex-BOE Official David Walker as Chairman
Barclays Plc (BARC), the British bank fined a record for interest-rate manipulation named former Bank of England…
Wall Street Seeks Patience After Worst 1st Half Since ’08
Wall Street’s five biggest banks reported the worst start to a year since 2008. They’re still asking investors to…
Moody’s Demotes 15 Major Banks
The credit ratings agency Moody's has downgraded 15 global banks and financial institutions. The UK banks…
Nasdaq To Hand Out $40 Mln For Facbook IPO Losses
The Nasdaq stock exchange said Wednesday that it plans to hand out $40 million in cash and credit to reimburse…
Facebook Share Sinks 11 %
Facebook shares sank 11 percent in the first day of trading without the full support of the company's underwriters,…
Morgan Stanley Cut Facebook Estimates Just Before IPO
In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly…
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