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Purcell Says Five-Year Bank Bonus Delay `Way Too Long': Video
Nov. 26 -- John Purcell, managing director of executive search firm Purcell & Company, talks with Bloomberg's Mark Barton about changes to U.K. bank bonus rules proposed by David Walker in a government-commissioned report.
Morgan Stanley Names Ex-Merrill Manager Moffitt to Bolster Securitization
Morgan Stanley , preparing for a resurgence in securitized debt sales, hired former Merrill Lynch & Co.
Company Profits in U.S. Stage Lopsided Gain as Financial Firms Pull Ahead
Profits at U.S. companies climbed in the third quarter by the most in five years, reflecting a rebound in bank earnings.
Dark Pools Seek Limited Transparency
Tags: Dark Pools , Aite Group , Tabb Group , INDATA , Regulation , Sang Lee , Cheyenne Morgan , Why It's Important : Dark pools, which are not new to the markets, provide liquidity and help institutional investors trade large blocks of securities anonymously.
Capital Markets to Broaden Use of Hosted Software in 2010
Tags: Application Service Provider , Software As A Service , Hosted Software , Wall Street , Saas , ASP , Why It's Important : A small revolution has taken place over the past two years in the way capital markets firms, especially buy-side firms, buy and use software.
Traders work on the floor of the New York Stock Exchange, April 27, 2009. REUTERS/Brendan McDermid
Last year's market meltdown loosened Wall Street's decades-old grip on the prime brokerage business, and ferocious competition over supporting hedge funds means the old ranks may be shaken up for good.
JP Morgan may hear break-up talk in the health debate
Investors in the US are wondering just how far Congress will go toward breaking up big banks.
Greenway Plaza goes back to lender
The real estate arm of Morgan Stanley has given the keys back to its lender on a portfolio of properties, including Houston's Greenway Plaza and interests in Post Oak Central and Houston Center, which the company owns with GE and JPMorgan, the Wall Street Journal reports today .
Ita s Official: Chicago Parking Privatization a Massive Rip-Off
City parking meters are a gold mine, and in Chicago, Morgan Stanley is rolling in parking riches.
The FTSE 100 Index struggled to hold its ground today in a subdued end to the trading week after Thursday's sell-off. The FTSE 100 Index struggled to hold its ground today in a subdued end to the trading week after Thursday's sell-off. Blue-chip stocks lost more than 1% yesterday as economic fears played on market nerves and mining stocks were ...
Mitsubishi UFJ May Raise $11 Billion Capital, Revises Morgan Stanley Deal
Mitsubishi UFJ Financial Group Inc. may raise as much as 1 trillion yen selling shares and said Morgan Stanley will have greater control of the banksa planned securities joint venture in Japan.
Wall Street made record profits in the wake of government bailouts across the industry, according to a report by the New York State Comptroller.
Fortinet shares jump in IPO debut
Fortinet Inc. shares jumped more than 35% Wednesday morning following the company's initial public offering.
MUFG, Morgan Stanley may delay Japan brokerage merger
Japan's largest bank will make the announcement along with its earnings for the first half of this fiscal year later today.
Morgan Stanley to EU: Whatever Larry Wants, Larry Gets, and Sun Is No Exception [Digital Daily]
Morgan Stanley to EU: Whatever Larry Wants, Larry Gets, and Sun Is No Exception For Oracle, whose acquisition of Peoplesoft and Siebel Systems cleared in Europe without conditions, news that the European Commission issued formal objections to its purchase of Sun was likely particularly galling.
Bank of America Hires Imam, Three Directors to Boost Japan Equity Sales
Bank of America Corp. hired Arif Imam , a former managing director at Morgan Stanley, and three other directors from rivals including Credit Suisse Group AG to boost its Japan equity sales business.
Big 3 banks to pay record bonuses
Goldman Sachs Group Inc. , Morgan Stanley and JPMorgan Chase & Co. 's investment bank, survivors of the worst financial crisis since the Great Depression, are set to pay record bonuses this year.
Morgan Stanley Hires Ex-UBS Muni Chief Atkinson to Lead West Coast Group
Morgan Stanley, the second-biggest U.S. securities firm, is hiring Terry Atkinson , the former head of UBS AGa s municipal securities group.
Nine of the 10 big financial institutions that the government ordered to raise capital seven months ago in order to survive a severe economic crisis have hiked their capital sufficiently, said the Federal Reserve on Monday.
Morgan Seeks Divestiture in China
Morgan Stanley is pursuing a buyer to sell its 34% stake that it holds in investment bank China International Capital Corporation .
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