Search Results for: Morgan Stanley
Oil rises on signs of tightening market, but economic worries weigh
April 11th, 2016
Oil prices rose on Monday, extending a sharp rally seen at the end of last week after a drop in U.S. inventories and drilling, while outages and hopes that exporters could freeze output also supported prices. Oil futures were ...
UBS, Credit Suisse interested in advising on Russia privatization
March 30th, 2016
Swiss banks UBS and Credit Suisse are interested in advising the Russian government on several privatizations as long as the deals do not violate sanctions, three banking sources told Reuters. The banks responded to a request for proposals that ...
ASX still committed to blockchain after CEO’s departure
March 30th, 2016
ASX has reaffirmed its commitment to developing a Bitcoin-like settlement system that could replace its lucrative post-trade services business after the man who championed the technology, Elmer Funke Kupper, quit as chief executive this week. ASX executive chairman Rick ...
What actually is … Blockchain technology?
March 23rd, 2016
A new technology is causing a stir in the FinTech community: Blockchain has many market experts believing that it is the greatest achievement of the past decade for financial technology and the most important digital innovation since the internet ...
Bitcoin Technology Tested In Trial By 40 Big Banks
March 3rd, 2016
The technology behind Bitcoin is starting to make progress on Wall Street. By December, financial technology company R3 CEV had brought together a consortium of 42 banks to create standards and protocols for using blockchain technology in financial services. ...
ICE Confirms It May Bid for LSE Group, Sending Shares to Record
March 1st, 2016
Intercontinental Exchange said to work with Morgan Stanley U.S. firm said to see room to outbid German rival despite risk Intercontinental Exchange Inc. said it is considering making an offer for London Stock Exchange Group Plc, a week after ...
Baltic Exchange says in talks over sale; SGX says among suitors
February 29th, 2016
Baltic says holding discussions with several parties SGX puts in preliminary bid for Baltic Exchange Baltic is leader in freight derivatives Baltic purchase could help SGX develop new products (Updates with Baltic letter to members) The Baltic Exchange confirmed ...
Asia markets close mixed; Hong Kong shares tumble
February 11th, 2016
Asian markets closed mixed on Thursday as investors digested remarks from Federal Reserve Chair Janet Yellen and oil remained volatile. Hong Kong’s Hang Seng index, which resumed trading today after being shut from Monday through Wednesday for the Lunar New ...
Deutsche Bank: Germany’s financial colossus stumbles
February 11th, 2016
Deutsche Bank fuelled Germany’s rise to the status of economic powerhouse, financing its industry in the 19th century and helping the country’s economy to rise again from the rubble of the second world war. It took on the giants of ...
Google’s Sundar Pichai becomes highest-paid CEO in US
February 9th, 2016
Pichai received 273,328 shares, company filing shows, bringing his holdings in Alphabet to $650m – still far less than the net worth of Google’s founders The boss of Google, Sundar Pichai, has been awarded $199m (£138m) worth of shares, making ...