Latest in Tag: Morgan Stanley Highlight

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Latest in Tag: Morgan Stanley

Morgan Stanley earnings take a hit

US investment banking heavyweight Morgan Stanley has seen its third-quarter profits dropping steeply. The lender attributed the fall largely to poor bond trading operations, with major rivals not doing any better. New York-based investment bank Morgan Stanley on Monday reported a 42-percent drop in third-quarter net profit. The lender, which is also a major wealth …

Deutsche Welle

Swiss regulators probe possible metals price fixing

Swiss competition authorities have said they’ve opened an investigation into whether a number of banks have been involved in the illegal fixing of precious metals prices. Deutsche Bank is among the scrutinized lenders. Swiss regulators announced a probe on Monday into whether a group of large banks had fixed prices in the lucrative precious metals …

Deutsche Welle

Debt rebalancing to boost MENA bond market: Morgan Stanley

DUBAI: Debt capital markets activity in the Middle East North Africa region should exceed last year’s total amount as firms rebalance their borrowing away from loans towards the bond market, Morgan Stanley executives said on Sunday. Loan volumes in MENA slumped significantly in 2011, down 36.8 percent to $39 billion, and much has been made …


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