MORGAN STANLEY

The property investment arm of Morgan Stanley (MS.N) is in final talks to sell a Chinese apartment complex to a unit of Singapore's Keppel Land (KLAN.SI), sources close to the deal said on Tuesday.

Morgan Stanley plans to hire several hundred traders over the next few years to boost its underperforming securities business, new boss James Gorman said in an interview with the Financial Times.

Barclays Plc urged a judge to throw out a lawsuit by Lehman Brothers Holdings Inc's bankruptcy estate alleging that it reaped a secret $5 billion profit from its rushed September 2008 purchase of the company's U.S. brokerage.

Chinese real estate company IFM Investments Ltd priced its initial public offering at the bottom of a lowered range, an underwriter said on Wednesday.

Bank of America has dropped plans to exit Merrill Lynch's Asia property funds business and will instead help it raise new money, cashing in on a recovery in the real estate sector, sources said.

The financial sector led a stock market drop in late trading today, after expectations that new government policies could force major banks to divest themselves of some of their operations.

Carsten Kengeter, co-chief executive of UBS Investment Bank, is stepping back from his additional role as joint head of fixed income, currencies and commodities , following two high profile appointments in the securities business. UBS appointed Neal Shear, 55, as head of global securities on Monday and named Roberto Hoornweg, 41, as global head of securities distribution, as it loo...

Morgan Stanley has launched a new global initiative to raise capital for hedge fund clients in return for a fee, a company spokesman said.

Goldman Sachs Group Inc , under fire for gold-plated pay packages, cut average pay per employee by about a quarter from record 2007 levels, helping boost its profit to a record.

Goldman Sachs Group Inc , which had been on track to pay employees a near-record amount, instead set aside nothing for compensation in the fourth quarter and gave $500 million to charity.

U.S. retail brokerages posted mixed fourth-quarter profits as higher merger and recruiting expenses offset growing management fees and a market-fueled increase in client assets.

U.S. retail brokerages modestly boosted fourth-quarter profits as higher merger and recruiting expenses largely offset growing management fees and a market-fueled increase in client assets.

Four of the major U.S. financial institutions - with a combined market capitalization of $352 billion - reported mixed fourth quarter earnings today.

Morgan Stanley's fourth-quarter profit missed expectations as results were hampered by accounting charges related to the appreciation of the value of the firm's debt.

U.S. stock index futures fell on Wednesday on reports of bank lending restrictions in China and as quarterly results from a host of U.S. banks increased uneasiness about the state of financial companies.

U.S. stock index futures fell on Wednesday on reports of bank lending restrictions in China as earnings reports from a host of U.S. banks increased uneasiness about the state of financial companies.

Longtime rivals Morgan Stanley and Goldman Sachs Group Inc find themselves on different ends of the pay debate as the surviving Wall Street titans prepare to disclose their fourth-quarter results.

Healthcare stocks pushed the markets higher in mid-day trading as financials edged up on Citigroup results.

Credit Suisse will increase the headcount in its prime brokerage team in Asia by 15 percent to 20 percent in 2010 as it aims to win business from the increasing number of global hedge funds eager to set up base in the region, a senior official at the Swiss bank said.

Stellar results from Intel Corp could signal brighter tech earnings results in coming weeks, but analysts warn stocks themselves may be stuck in a short-term correction.

General Motors Co disclosed on Friday that director Stephen Girsky is receiving compensation worth $900,000 per year plus expenses to act as a special adviser to Chairman and Chief Executive Ed Whitacre.