MORGAN STANLEY

AIG's rejection of a lowered takeover offer by Prudential for its Asian life insurance business has shifted attention back to the company's IPO plans.

Morgan Stanley Chairman John Mack, who has said Wall Street's high pay packages show that the industry is out of touch with mainstream America, is receiving a 150 percent base salary increase to $2 million.

Morgan Stanley Smith Barney hired a pair of top financial advisers from UBS, and also added advisers from Barclays Wealth to focus on Latin American markets.

Former Morgan Stanley banker John Hyman will not join Nomura to become its new co-head of global finance at its London operation as had been expected due to regulatory issues, a source said on Saturday.

Goldman Sachs Group Inc shares rose as much as 5.4 percent on Friday on rumors of a possible settlement with regulators and a feeling that the stock could be oversold.

Three Wall Street banks suffered a legal setback when a federal appeals court in New York put on hold a ban on financial news service Theflyonthewall.com Inc from quickly reporting hot news about their analysts' research.

A federal appeals court in New York has put on hold a ban on the financial news service Theflyonthewall.com Inc from quickly reporting hot news' about analyst research from three Wall Street banks.

Steven Barg, UBS's head of global capital markets for Asia, has resigned from his post, a source with direct knowledge of the matter said, marking a blow to the bank's regional ECM franchise.

Senior Senate Democrats clashed on Tuesday over the last disputed pieces of a sweeping Wall Street reform bill headed for final passage within days.

Senior Senate Democrats clashed late on Tuesday as they tried to wrap up loose ends in a sweeping Wall Street reform bill headed for final passage within days.

The Senate voted to give state authorities a role in enforcing new bank consumer protection rules as lawmakers sought on Tuesday to complete their financial regulation package before a series of final votes on landmark Wall Street reform.

Mitsubishi UFJ Financial Group , Japan's largest bank by assets, returned to profit in the latest quarter due to the absence of big losses on its stock portfolio but its growth forecast for this year is below market expectations.

Prosecutors are conducting a broad criminal investigation of six major Wall Street banks, including JPMorgan Chase & Co and Citigroup Inc, to determine if they misled investors, a person familiar with the matter said on Thursday.

Federal prosecutors in New York are conducting a broad criminal investigation into whether major Wall Street financial firms misled investors, a person familiar with the matter said on Thursday.

The New York attorney general has begun an investigation into eight banks to determine whether they provided misleading information to agencies that rate mortgage securities, The New York Times reported on Thursday.

The Federal Reserve scored a victory and mortgage bankers suffered a defeat on Wednesday as the U.S. Senate took aim at bank supervision and housing finance in its sprawling Wall Street reform effort.

U.S. federal investigators are probing whether Morgan Stanley misled investors about mortgage derivative products it helped create and sometimes bet against, The Wall Street Journal said, citing people familiar with the matter.

U.S. stock index futures rose on Wednesday as Spain said it would take wide austerity measures, further easing jitters over euro-zone sovereign debt woes.

U.S. stock index futures rose modestly on Wednesday as Spain said it would make wide austerity measures, further easing jitters over euro-zone sovereign debt woes.

Morgan Stanley Chief Executive James Gorman said he had no knowledge of any U.S. federal investigation into the Wall Street firm as was reported by media.