MORGAN STANLEY

IBTimes Logo

Fed to Test Six Big Banks for Euro Stress

The Federal Reserve plans to stress test six large U.S. banks against a hypothetical market shock, including a deterioration of the European debt crisis, as part of an annual review of bank health.

AT&T, T-Mobile Merger: Effects on Small Carriers Unclear

Small wireless carriers, such as U.S. Cellular and MetroPCS, provide low-cost alternatives to companies such as AT&T and Verizon. However, companies and industry experts are split on how the AT&T/T-Mobile merger will affect the smaller companies.
More news
IBTimes Logo

MUFG H1 net profit jumps, raises full-year forecast

Mitsubishi UFJ Financial Group said on Monday its net profit jumped 95.1 percent in the April-September first half, boosted by a hefty one-time gain from its stake in Morgan Stanley , and raised its full-year profit forecast.
IBTimes Logo

UBS India Head Resigns; Kamat Named New CEO: Memo

The head of India operations at UBS AG , Manisha Girotra, has resigned, according to an internal memo, the latest high-profile exit from the Swiss bank in the world's second-fastest growing major country.
IBTimes Logo

Goldman Faces Lawsuits Over $15.8 Billion in Mortgages

Goldman Sachs Group Inc faces lawsuits over $15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier.
IBTimes Logo

Wall Street workers' pay to fall 20-30 percent: report

The average Wall Street bonus will decline by 20 percent to 30 percent this year, according to a closely watched compensation report, as banks cut costs and lay off workers in a weak environment for trading and deal-making.
A warehouse contracted out by Goldman Sachs warehouse subsidiary Metro International Trade Services to hold metals is seen in Detroit in this photo taken July 12, 2011.

Goldman's New Money Machine: Warehouses

In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
IBTimes Logo

SEC conducting broad review of MF Global

The U.S. Securities and Exchange Commission is conducting a broad review into the collapse of the futures brokerage MF Global Holdings Ltd, SEC Chairman Mary Schapiro said on Thursday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.