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By Jeff Kearns, Bloomberg |
May 7, 2013
U.S. banks urged the Federal Reserve to take the lead in defending the financial services industry from cyber attacks by working with federal counterterrorism, intelligence and law enforcement agencies, documents show.
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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
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By Michael J. Moore, Bloomberg |
January 18, 2013
Morgan Stanley, the top global equity underwriter last year, reported profit that beat analysts’ estimates as brokerage earnings more than doubled and margins from that unit surpassed the firm’s goal for this year.
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By Michael J. Moore, Bloomberg |
October 18, 2012
Morgan Stanley, the sixth-largest U.S. bank, reported third-quarter results that beat analysts’ estimates as revenue from fixed-income trading almost doubled from the second quarter.
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By Dawn Kopecki, Bloomberg |
August 21, 2012
Wall Street, the global financial community reeling from public outrage, is proving incapable of finding a champion to replace Jamie Dimon.
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By Michael J. Moore, Bloomberg |
July 19, 2012
Morgan Stanley reported a 50 percent drop in earnings and said it will cut more jobs as revenue from trading stocks and bonds declined the most among Wall Street banks.
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By Dakin Campbell and Michael J. Moore, Bloomberg |
June 22, 2012
Credit Suisse Group AG’s credit rating was cut three levels and Morgan Stanley’s was reduced by two as Moody’s Investors Service downgraded 15 banks in moves that may shake up competition among Wall Street’s biggest firms.
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By Bradley Keoun, Donal Griffin and Michael J. Moore, Bloomberg |
May 31, 2012
Morgan Stanley, the majority owner of Morgan Stanley Smith Barney Holdings LLC, plans to buy an additional 14 percent stake in the brokerage from Citigroup Inc.
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By Phil Mattingly and James Rowley, Bloomberg |
March 16, 2012
The Goldman Sachs Group Inc. employee who criticized the company’s culture in a newspaper column bolsters the case for Wall Street restrictions like the Volcker rule, congressional Democrats said.
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By Canaccord Genuity Morning Coffee |
December 14, 2011
Morgan Stanley and MBIA have agreed on a settlement that removes some derivative contracts from Morgan Stanley’s books and ends ongoing litigation between the two parties
