Search Results for: Morgan Stanley
Asia markets close mostly down; Japan, Australia near bear markets
January 18th, 2016
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over 18 percent from their 52-week highs. Down Under, the Australian ...
More banks pay no UK tax, Labour wants tougher approach
January 4th, 2016
Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the government to reverse a tax change it made for banks last year. Citigroup and Credit Suisse disclosed in ...
Analysts see 2016 oil price rise, while traders bet on fall
December 31st, 2015
A year ago, after oil prices had halved in six months, analysts were forecasting a price recovery in 2015 while many traders were busy shorting the market. As it turned out, the traders were correct and oil prices fell ...
CCI approves acquisition of RBS India wealth management biz by Sanctum Wealth
December 30th, 2015
Royal Bank of Scotland (RBS), in September, signed an agreement to transfer the India private banking operations to Sanctum Wealth Management. Fair trade regulator Competition Commission of India (CCI) has approved the acquisition of Royal Bank of Scotland Group’s ...
Wells Fargo to Nudge Brokers to Get Bigger Clients
December 18th, 2015
Change is bank’s latest push to compete for clients who have millions of dollars in assets Wells Fargo & Co. will push its brokers to work with bigger clients as part of a broader strategy to attract wealthier investors. The ...
Exchange operator BATS files to go public
December 16th, 2015
BATS Global Markets Inc filed for an initial public offering with U.S. regulators on Wednesday, in what would be the exchange operator’s second attempt at going public. The company told the U.S Securities and Exchange Commission in a preliminary ...
Bank of Tokyo-Mitsubishi UFJ goes live on FXSpotStream as the 12th Liquidity Provider
December 16th, 2015
Volumes on the Service increases 25% through November FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Bank of Tokyo-Mitsubishi UFJ is now live as a liquidity providing bank to FXSpotStream’s price aggregation service and client ...
Asian Stocks Set for Weekly Gain as Metals Advance With Ringgit
November 20th, 2015
Optimism that the Federal Reserve will take a gradual approach to raising interest rates sent Asian equities toward their biggest weekly gain in more than a month and buoyed the region’s currencies. Metals advanced and oil traded near a three-month ...
Bitcoin Is Suddenly Surging Again
November 3rd, 2015
And there are various theories behind the rise. Bitcoin is back in the news, but this time it seems to be for all the right reasons. After a blockbuster 2013, the digital currency tumbled throughout 2014 on negative headlines, such as the February ...
U.S. Stocks Steady, Despite Pressure From Lower Oil Prices
October 20th, 2015
Energy shares tumble on concerns about higher production in Iran, China’s economy U.S. stocks edged higher Monday, though a slump in energy shares kept a lid on the gains. The Dow Jones Industrial Average inched up 14.57 points, or ...
