Results 1 - 20 of 6,256 in Morgan Stanley
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How Well Is Fidelity Steering Through the Crisis?
... funds had more than 0.5% of assets invested in the stock.) It also deserves credit for scaling back on Morgan Stanley , Merrill Lynch, and , which suffered steep losses in the ensuing period. Even as Fidelity was pulling away from some distressed ...
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Wal-Mart plans to cut holiday food, merchandise prices
... see a lot of rollbacks,' Eduardo Castro-Wright, Wal-Mart's U.S. stores chief, told analysts Tuesday at a Morgan Stanley conference in New York that was Webcast. Rollbacks refer to price reductions the retailer scatters throughout grocery, pharmacy ...
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Pressure Grows To Cut Or Forgo Firms Bonuses
... points out that with a stock price also at a 13-year low, executive bonuses for 2008 are out of the question. Morgan Stanley has confirmed, however, that it is looking into the matter of executive bonuses for this year, and will make an announcement ...
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MUFG's net profit falls 64% on credit turmoil in FY 2008 1st half
... global economy. MUFG, Japan's largest banking group, which recently saved struggling U.S. investment bank Morgan Stanley amid the worldwide financial turmoil, said it has issued 390 billion yen in non-convertible preferred shares to shore up its ...
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ICAP Profit Rises to Record as Financial Crisis Boosts Trades, Commissions
... stepped up trading. The stock rose 2.2 percent in London, paring its decline for the year to 65 percent. Morgan Stanley said last week that so-called interdealer brokers face slowing growth as banks shrink their balance sheets and reduce ...
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Goldman Sachs, Morgan Stanley Squeeze Exchanges With New Trading Platforms
Goldman Sachs Group Inc. , Morgan Stanley and investment banks in Europe are using the early success of new trading platforms they have backed to push exchange fees lower.
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Wall Street's vaunted bonuses: How can they be so huge?
... a ' along with some executives' bonuses. Only two large investment banks a ' Goldman Sachs Group Inc. and Morgan Stanley a ' are left standing after Bear Stearns Cos. and Merrill Lynch & Co. were bought by competitors, and Lehman Brothers Holdings ...
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Meltdown 101: Doling out Wall Street bonuses
... Street, as banks' stocks and profits plunged. Only two large investment banks -- Goldman Sachs Group Inc. and Morgan Stanley -- are left standing, after Bear Stearns Cos. and Merrill Lynch & Co. were bought by competitors and Lehman Brothers ...
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Heat on for execs to forgo bonuses
... not been made. Though it's unusual for Wall Street executives to turn down bonuses, it has happened before. Morgan Stanley CEO John Mack took no bonus last year. Even if top executives give up bonuses, that won't mean the end of eye-popping Wall ...
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... not been made. Though it's unusual for Wall Street executives to turn down bonuses, it has happened before. Morgan Stanley CEO John Mack took no bonus last year. A company spokesman said no decision has been made for this year. Even if top ...
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US govt provides 33.56 billion dollars to 21 banks
... in government funds, and Bank of America got 15 billion dollars. Meanwhile, Goldman Sachs, Merrill Lynch and Morgan Stanley got 10 billion dollars each, and Bank of New York Mellon and State Street got 3 billion and 2 billion dollars respectively. ...
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Japan's `Least Ugly' Economy May Outpace U.S., Europe in Financial Crisis
... buy stakes in U.S. and European rivals on the cheap. Mitsubishi UFJ Financial Group Inc. bought 21 percent of Morgan Stanley in October after its value slid by a quarter following the collapse of Lehman Brothers Holdings Inc. To be sure, the banks ...
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Which Companies Are Victims Of Economy?
... over by JP Morgan, as a consequence of the current crisis, the remaining investment banks Goldman Sachs and Morgan Stanley decided to become bank holding companies. Or, as Theo Francis wrote for BusinessWeek.com : "The standalone investment bank ...
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Citigroup job cull to hit 75,000
... cash injections worth $125bn to be shared between Citigroup, JP Morgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, Wells Fargo, Bank of New York Mellon, State Street and Merrill Lynch. "The news of job cuts is one more indication that the ...
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Today Was John Macka s 64th Birthday
Morgan Stanley CEO John Mack didn't think he'd spend his birthday this way, affixed to a screen watching shares of his bank drop to $11.22 apiece, and taking along with it a chunk of his savings.
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Bank Citigroup axes 52,000 jobs
... Citigroup's cull follows announcements at the weekend by JP Morgan, which is to axe 3,000 posts, and Morgan Stanley, which said 10 per cent of its investment banking jobs would go. Away from the financial services sector, Avis, the car rental firm, ...
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Top Executives at UBS Will Not Get Bonuses
... was granted, he said. The moves by UBS and Goldman Sachs turn up the pressure on their competitors, including Morgan Stanley, to take similar action as they decide on year-end bonuses. Last month, Josef Ackermann, the chief executive of Deutsche ...
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Citigroup to slash 52,000 jobs
... the largest banks and brokerages. In the last month, Goldman Sachs Group Inc began cutting 3,200 jobs, while Morgan Stanley said it will cut 10 percent of the jobs in the unit housing its investment banking operations. Citigroup said it plans to ...
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Copper Drop to Deepen as China Spending Overwhelmed by Deflating `Bubble'
... user of iron ore, aluminum, zinc and copper. The nation's economy may grow 7.5 percent or less next year, Morgan Stanley and Credit Suisse Group AG say. That would be the slowest pace since 1990, data compiled by Bloomberg show. Chinese Demand ...
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Goldman's move shines bonus spotlight on others
... banks have not yet announced plans to follow suit, but the move is not without precedent. Last December, Morgan Stanley Chief Executive John Mack gave up his $4 million bonus amid the early stages of the sub-prime mortgage crisis. Industry watchers ...
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