New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For MS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 2, 2015
12:20 EDTMSNew York Attorney General to sue Morgan Stanley over subprime deals
In a regulatory filing submitted Monday, Morgan Stanley stated that on January 13, the New York Attorney General’s Office indicated that it intends to file a lawsuit related to approximately 30 subprime securitizations sponsored by the company. NYAG indicated that the lawsuit would allege that the company misrepresented or omitted material information related to the due diligence, underwriting and valuation of the loans in the securitizations and the properties securing them and indicated that its lawsuit would be brought under the Martin Act. The company does not agree with NYAG’s allegations and has presented defenses to them.
07:43 EDTMSBrookings Institution holds a discussion
Subscribe for More Information
February 26, 2015
15:02 EDTMSFed extends capital surcharge for SiFi banks comment period to April 3
The Federal Reserve extended until April 3 the comment period for its proposed rule to implement capital surcharges for the largest, most systemically important U.S. bank holding companies. The Fed extended the comment period to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by March 2. The proposed rule would establish a methodology to identify whether a firm is a global systemically important banking organization and would also establish the size of a firm's risk-based capital surcharge. The proposal is designed to further strengthen the capital positions of these institutions. Large U.S. banks include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
10:50 EDTMSNew York regulator considering cybersecurity, cash laundering controls, WSJ says
Subscribe for More Information
February 25, 2015
17:40 EDTMSMorgan Stanley agrees to $2.6B mortgage settlement with U.S.
Subscribe for More Information
17:37 EDTMSMorgan Stanley agrees to $2.6B mortgage settlement with U.S.
Subscribe for More Information
09:01 EDTMSMorgan Stanley says Apple Pay available for Wealth Management clients
Subscribe for More Information
08:28 EDTMSMorgan Stanley reportedly near deal for Montreal cargo facility, Bloomberg says
Subscribe for More Information
February 24, 2015
07:21 EDTMSSecurities Industry & Financial Markets Association to hold a conference
Subscribe for More Information
February 23, 2015
13:33 EDTMSRBS could name Howard Davies as chairman this week, FT reports
Royal Bank of Scotland (RBS) could name Howard Davies as its chairman as early as Thursday, when the bank reports its full-year results, the Financial Times reports. Davies is currently chairman of insurance business Phoenix Group and chairs Morgan Stanley's (MS) risk committee. Current RBS Chairman Philip Hampton is set to become GlaxoSmithKline's (GSK) chairman as early as this summer. Reference Link
February 19, 2015
06:47 EDTMSReport shows subprime consumer loans at pre-2007 levels, WSJ says
Equifax (EFX) has released a report stating nearly 40%, or 50M, of auto loans, credit cards, and personal loans during the first 11 months of 2014 were made to subprime customers, the highest levels since the 2007 financial crisis, reports the Wall Street Journal. LendingTree (TREE) Chief Marketing Officer Gabriel Dalporto attributes the growth to nonbank lenders under less regulatory scrutiny than large banks. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:28 EDTMSAuthorities investigating possible hack in Morgan Stanley leak, WSJ says
Subscribe for More Information
February 18, 2015
07:21 EDTMSJPMorgan, Citi top government report of riskiest banks, Reuters reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use