MORGAN STANLEY

The JP Morgan and Chase headquarters is seen in New York

JPMorgan To Pay $153.6M To Settle SEC Charges

JPMorgan Chase, the Wall Street bank that during the financial crisis has managed to remain afloat has agreed to pay $153.6 million to settle claims by the U.S. Securities and Exchange Commission it designed and sold a product linked to risky mortgages during the housing market collapse of 2007.
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Ally Financial delaying $6 billion IPO: sources

Ally Financial, an auto and mortgage lender majority owned by the U.S. government, is delaying a $6 billion IPO due to bad market conditions, two sources familiar with the situation told Reuters.
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Morgan Stanley, China partner launch brokerage JV

Morgan Stanley and its China partner Huaxin Securities launched their joint venture on Friday, joining several other rivals looking to cash in on the country's booming investment banking business.
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OPEC Likely to Lift Oil Production

The Organization of Petroleum Exporting Countries (OPEC) meeting would likely end with a decision to increase crude production levels to reduce international concerns about the high price of oil.
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Avaya planning a $1 billion IPO filing: report

Private equity-backed Avaya Inc plans to file for a $1 billion initial public offering as early as this week, marking the latest in a rash of technology sector IPOs, according to a Wall Street Journal story.
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Groupon files for IPO of up to $750 million

Online coupon company Groupon Inc filed for an initial public offering on Thursday, the latest in a series of social networking companies to tap the U.S. capital markets.

Groupon Files For IPO

Groupon has become the next big social company to file for an IPO, following in LinkedIn's footsteps.
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Dollar struggles near 2-week lows; stocks steady

The dollar hovered near a two-week low against a basket of currencies on Monday and Asian stocks were pinned in tight trading ranges as weak U.S. economic data and fears of a Greek debt default kept many investors on the sidelines.
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Morgan Stanley loses bid to toss MBIA lawsuit

A New York judge rejected Morgan Stanley's bid to throw out a lawsuit accusing the bank of fraudulently inducing bond insurer MBIA Inc to insure $223.2 million of risky mortgage debt.
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Crude oil trades near $99 a barrel

Crude oil prices declined in Europe trade as strengthening U.S. dollar and weaker-than-expected decline in U.S. crude stockpiles weighed.

LinkedIn IPO May Spark Another Tech Bubble

Shares of LinkedIn soared as high as $122 on its first day of trading on New York Stock Exchange, bringing back memories of tech bubble in late 1990s when investors lapped up internet firms.
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Damages claims hang over Glencore as IPO looms

Commodities trader Glencore is being pursued for as much as $900 million in damages through lawsuits including a long-running U.S. case linking it to pollution in the U.S. Virgin Islands.

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