SAN FRANCISCO (Reuters) - Twitter has hired Cynthia Gaylor from Morgan Stanley to run its corporate development team, bringing in a veteran investment banker with experience in acquisitions and initial public offerings. Twitter, which announced Gaylo... [Full Article]
(Reuters) - Morgan Stanley and two ratings agencies have agreed to pay about $225 million to settle lawsuits claiming they concealed risks in two mortgage-related deals that collapsed during the financial crisis, the Wall Street Journal reported on M... [Full Article]
TORONTO (Reuters) - Shares of BlackBerry rose more than 7 percent on Wednesday after Morgan Stanley upgraded the stock and doubled its price target for shares of the smartphone maker, as it sees the company's new BlackBerry 10 devices boosting m... [Full Article]
(Reuters) - Morgan Stanley expanded its risk-weighted asset reduction target, a move that will help the Wall Street bank's capital levels under new rules and potentially boost shareholder returns. Morgan Stanley earlier said that it would reduce... [Full Article]
MUMBAI (Reuters) - Morgan Stanley and CLSA downgraded their ratings on Cipla Ltd a day after the Indian drugmaker reported a slower-than-expected rise in its October-December net profit. Morgan Stanley cut its ratings to "equal-weight" from... [Full Article]
MUMBAI (Reuters) - Morgan Stanley MS.N intends to allow its banking licence in India to lapse as part of its changed business strategy, the Economic Times newspaper reported on Saturday. However, the Wall Street bank will continue to run its investme... [Full Article]
MUMBAI (Reuters) - Morgan Stanley intends to allow its banking licence in India to lapse as part of its changed business strategy, the Economic Times newspaper reported on Saturday. However, the Wall Street bank will continue to run its investment ba... [Full Article]
(Reuters) - Morgan Stanley's quarterly earnings beat analysts' expectations by a wide margin on Friday, helped by a big jump in trading revenue, and the bank said it was ready to deliver better returns to shareholders. The Wall Street bank ... [Full Article]
SINGAPORE (Reuters) - Morgan Stanley has laid off two vice-presidents and one or two other employees in its commodities division as part of a global plan to shed staff and cut costs, sources familiar with the matter said on Wednesday. The move comes ... [Full Article]
(Reuters) - Morgan Stanley plans to slash 1,600 jobs in what may be just the beginning of a new round of layoffs at large investment banks, this time driven by a deeper reassessment of Wall Street businesses in the face of new regulations and capital... [Full Article]