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
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
A unit of Morgan Stanley, the sixth-largest U.S. bank by assets, and other lenders are under investigation by the Justice Department for allegedly overcharging soldiers and foreclosing on their homes without court orders.
BusinessWeek.com — Finance
Morgan Stanley, the sixth-largest U.S. bank by assets, said it sold its stake in Revel Entertainment Group LLC, the developer of a half-built casino resort in Atlantic City, New Jersey.
BusinessWeek.com — Finance
The investment bank is planning to buy commercial mortgages made through the Small Business Administration’s 504 program, reviving a faltering market
BusinessWeek.com — Small Business
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