Scroll to Top

USA Stock Report

Real Time Stocks News

Morgan Stanley (NASDAQ:MS), the sixth-largest U.S. bank by assets, has plans to eliminate 1,600 jobs from its institutional securities group and support staff starting this week. These cuts will focus primarily on the more highly paid senior staff in the institutional securities unit, which includes investment banking and trading operations. Approximately half of these...

Financial Industry Regulatory Authority (FINRA) has announced sanctions against five firms – Citigroup Global Markets, Inc.,; Goldman, Sachs & Co.; J.P. Morgan Securities LLC; Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC – for using municipal and state bond funds to pay lobbyists. Basically, these firms charged municipal...

Massachusetts regulators have fined Morgan Stanley & Co. LLC, a wholly-owned subsidiary of Morgan Stanley (NYSE:MS), $5 million in connection with charges over the Facebook, Inc. (NASDAQ:FB) IPO last summer. The consent order, filed by the Securities Division of the Office of the Secretary of the Commonwealth of Massachusetts, can be found here. It follows an Offer...

Morgan Stanley (NYSE:MS) has announced a shakeup in its top management ranks as one of its Co-Presidents of investment banking, capital markets and trading operations was given sole responsibility for these areas effective January 2013. The other Co-President has announced that he will retire at the end of the year. Colm Kelleher, the soon-to-be sole President –...

In a wind-down of one of the legacies of the 2008-2009 financial crisis, Morgan Stanley (NYSE:MS) and Citigroup (NYSE:C) announced that they had reached agreement for Morgan Stanley to purchase Citi’s 49% stake in Morgan Stanley Smith Barney Holdings LLC (MSSB) by June 2015. As a first step, Morgan Stanley will purchase 14% of MSSB from Citi. The other 35% will be purchased...

In the first quarter, Morgan Stanley has shifted most of its derivatives positions to the bank units in the U.S , with the downgrade in credit ratings by Moody’s weighing on its business. Moody’s, on Thursday, had downgraded the credit ratings of 15 major banks of the world and the unsecured debt rating for Morgan Stanley was cut by two notches , leaving it at the...

Morgan Stanley has been found to be one of the biggest stakeholders in KPN , the Dutch telecom firm  , which Mexican Billionaire Carlos Slim has put his eye on as a means of entry into European markets. According to a filing with the Dutch  financial regulator , Morgan Stanley owns a 10.01 % stake in KPN. The ownership change was registered with AFM , few days before...

Bank of America and Morgan Stanley release quarterly impressive results but did not manage to add to their share values. The earning per share for Morgan Stanley was an impressive 77 cents; this was 75 percent higher than analysts expectations. And Bank of America posted 31 cents per share; more than double the expected 13 cents pre share. Revenues were also stronger...