Morgan Stanley, the firm targeting a 2 percent market-share gain in fixed-income trading this year, was burned by a wager on U.S. inflation expectations in the second quarter, three people informed of the dealings said.
BusinessWeek.com — Finance
KKR & Co., the leveraged-buyout firm led by Henry Kravis and George Roberts, hired Morgan Stanley’s Henry McVey to advise it on macro-economic trends.
BusinessWeek.com — Finance
Morgan Stanley, owner of the world’s largest brokerage, may eliminate more jobs at its wealth management unit as Barclays Capital cuts positions in its equities division worldwide.
BusinessWeek.com — Finance
Morgan Stanley agreed to invest $ 50 million in Yongye International Inc., the U.S.-traded producer of plant nutrients in China that is the target of a short seller who says the company has misrepresented its business.
BusinessWeek.com — Finance
Bank of America Corp. and Morgan Stanley units will pay $ 22.4 million to resolve U.S. allegations that they improperly foreclosed on active-duty soldiers, including some who suffered severe injuries, without first obtaining court orders.
BusinessWeek.com — Finance
Morgan Stanley, the sixth-largest U.S. bank by assets, posted trading revenue of more than $ 100 million on 10 days in the first quarter.
BusinessWeek.com — Finance
Money managers are making near-record bets on higher commodity prices, aligning themselves with Morgan Stanley after Goldman Sachs Group Inc. said investors should reduce most of their holdings.
BusinessWeek.com — Finance
American International Group Inc. hired Morgan Stanley’s Peter Juhas, a banker who spent the past three years advising the Federal Reserve Bank of New York on its $ 182.3 billion bailout of the insurance company.
BusinessWeek.com — Finance
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