Morgan Stanley

Morgan Stanley hands Crescent Real Estate back to lender
Real Estate Investment SmartBrief | 1 day 39 minutes ago
Morgan Stanley has cut its losses on its financially catastrophic...peak of the commercial real estate market. Morgan Stanley conveyed Crescent to a venture owned by the...founder of the firm that in 2007 sold Crescent to Morgan Stanley.

Morgan Stanley's Mack "loves" tighter Fed scrutiny
The Financial Services Roundtable SmartBrief | 5 days 38 minutes ago
...Tighter Federal Reserve regulation has been welcomed at Morgan Stanley, said Chief Executive Officer John Mack. "They test...it?' I love it." The regulation is a result of Morgan Stanley's move to become a bank holding company.

Fed examines whether banks have enough capital to cover risks
Fidelity Public Policy SmartBrief | 4 days 39 minutes ago
...withstand a significant reversal, sources said. Fed officials are looking into the capital cushions of JPMorgan Chase, Morgan Stanley and other banks to ensure they are able to cover risks they take. Supervisors are also assessing how much the banks...

Debt restructurings raise questions about CDS
IACPM Weekly SmartBrief | 5 days 39 minutes ago
...the last bit of the CDS market that remains fuzzy," said Sivan Mahadevan, head of credit derivatives research at Morgan Stanley in New York. The debt restructurings of Japan's Aiful, France's Thomson and Mexico's Cemex have raised such...

Bond market sees surge of corporate issuance
IACPM Weekly SmartBrief | 5 days 39 minutes ago
...It's an additional sign of the normalization process," said Kevin Flanagan, fixed-income strategist at Morgan Stanley Global Wealth Management. "It's a welcome development for credit markets and the economy."

Morgan Stanley moves to expand brokerage unit
SIFMA SmartBrief | 8 days 39 minutes ago
Morgan Stanley Smith Barney is still the largest U.S. retail brokerage, with about 18,000 advisers on staff. The brokerage has been actively...

MUFG, Morgan Stanley delay merger of Japanese brokerage units
SIFMA Global SmartBrief | 6 days 39 minutes ago
...Mitsubishi UFJ Financial Group is expected to announce that a merger of the Japanese brokerage divisions of MUFG and Morgan Stanley will be postponed a few months, sources said. The delay is part of a few changes made to the merger plan in response...

Municipal bond sales to reach 7-month high
The Financial Services Roundtable SmartBrief | 8 days 39 minutes ago
...most important question facing the municipal bond market today," said John Dillon, a fixed-income strategist at Morgan Stanley Smith Barney. "The landscape could be permanently altered by an extension and/or expansion of the program."

Wall Street's biggest banks to dole out $30 million in bonuses
PLI SmartBrief | 15 days 39 minutes ago
Goldman Sachs Group, Morgan Stanley and JPMorgan Chase & Co., also known as Wall Street's Big 3, are expected to hand out a record-setting $30 million in bonuses...

Taxpayers benefit from rescue program that helped major firms:
The Financial Services Roundtable SmartBrief | 18 days 39 minutes ago
General Electric Capital, Citigroup, Bank of America, JPMorgan Chase, Morgan Stanley and Wells Fargo were among the major institutions that saved billions of dollars on their borrowing costs thanks to a government...

Fed discusses bankers' pay with industry leaders
The Financial Services Roundtable SmartBrief | 21 days 39 minutes ago
...sources familiar with the matter said. These included JPMorgan Chase CEO James Dimon, Citigroup CEO Vikram Pandit and Morgan Stanley CEO John Mack. There is general support for the pay restrictions in the industry as they do not impose a fixed cap...

Morgan Stanley CEO John Mack comments on economy, exec pay
The Financial Services Roundtable SmartBrief | 39 days 1 hour 39 minutes ago
Morgan Stanley CEO John Mack appeared on CNBC on Thursday and offered his views on...Comp is a big issue. We are all trying to do the right thing. At Morgan Stanley, we do have a clawback. And most of the people at least at the most...

Is Morgan Stanley's real estate nightmare ending?
Real Estate Investment SmartBrief | 33 days 1 hour 39 minutes ago
Morgan Stanley took some more big hits from its commercial real estate exposure in...And the firm is trading them. Between the second and third quarters, Morgan Stanley's total mortgage exposure declined from $7.9 billion to $7.4...

Many in financial services get laid off, pay cut -- not bonus
CFA Institute Financial NewsBrief | 13 days 39 minutes ago
...For us, it's not what you read in the headlines," said a Barclays employee. Analysts said Goldman Sachs, Morgan Stanley and JPMorgan Chase are likely to pay record-high bonuses this year, beating the previous high of $26.8 billion...

Many in financial services get laid off or a pay cut -- not a bonus
CPA Letter Daily | 13 days 39 minutes ago
...For us, it's not what you read in the headlines," said a Barclays employee. Analysts said Goldman Sachs, Morgan Stanley and JPMorgan Chase are likely to pay record-high bonuses this year, beating the previous high of $26.8 billion...