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Stock Market & Financial Investment News

News Breaks
December 14, 2012
11:30 EDTMSMorgan Stanley names new leadership in M&A-Advisory, WSJ reports
Morgan Stanley (MS) is naming new executives for its merger-advisory group in the U.S. and Europe. The bank has named Bob Eatroff and Jim Head to lead its M&A effort in the Americas region, while Colm Donlon and Johannes Groeller will lead the group in Europe, the Wall Street Journal reports, citing an internal memo. Rob Kindler remains global head of M&A at Morgan Stanley. Reference Link
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July 11, 2014
07:20 EDTMSBig banks seen losing reserve release cushion, Reuters says
Releasing loan-loss reserves has helped U.S. big banks weather a period of weak loan demand and lower fee income, but Q2 results from the banks may see less benefit from the practice as loss rates and reserves near their lower limits, said Reuters. Publicly traded companies in the space include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
July 10, 2014
09:20 EDTMSMorgan Stanley, Lazard recommended at Bernstein
Bernstein recommends Morgan Stanley (MS) and Lazard (LAZ) for their exposure to high margin investment banking. The firm also likes Morgan Stanley because of its exposure to wealth management.
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