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28 Aug 2008, 3:45 pm
Goldman Sachs, Lehman Brothers and Morgan Stanley may report a small sequential drop in third-quarter write-downs, helped by hedging gains, according to an analyst at Fox-Pitt Kelton. [read post]
28 Aug 2008, 11:44 am
Morgan Stanley hopes to invest up to a quarter of its $4 billion global infrastructure fund in emerging economies like India, a senior official at the U.S. fund said. [read post]
26 Aug 2008, 5:42 pm
., Morgan Stanley, Wachovia Corp, JP Morgan Chase and Co, UBS AG, and Goldman Sachs Group Inc., are now required to do, so per their settlements with federal and state regulators. [read post]
26 Aug 2008, 3:14 pm
., UBS Financial Services, Morgan Stanley, JPMorgan Chase & Co., and Wachovia Corp. have agreed to buy back frozen auction-rate securities from investors. [read post]
25 Aug 2008, 9:12 pm
Morgan Stanley said on Monday its Saudi unit has signed the kingdom's first swap agreement, a vehicle that allows foreigners to buy into listed stocks through intermediaries. [read post]
25 Aug 2008, 7:46 am
The nearly $35 billion in auction-rate securities-related frozen debt that Wachovia Corp, Citigroup Inc, JP Morgan Chase & Co, UBS AG, and Morgan Stanley have agreed to repurchase consists of less than 18% of the $200 billion that New York Attorney General Andrew Cuomo says is outstanding. [read post]
21 Aug 2008, 11:03 pm
Almost simultaneously, Goldman Sachs slashed its earnings outlook for 5 major U.S investment banks, including Citigroup, JP Morgan Chase, Lehman Brothers, and Morgan Stanley. [read post]
21 Aug 2008, 1:29 pm
Massachusetts Attorney General Martha Coakley recently announced a settlement with Morgan Stanley & Company (“Morgan Stanley”) to resolve allegations that Morgan Stanley sold high risk auction rate securities (ARS) to Massachusetts municipalities and presented the securities as safe investments.Under the settlement, Morgan Stanley will identify and repay the Massachusetts towns and cities that… [read post]
20 Aug 2008, 10:03 am
McGee is not protected by any privilege, and as such must answer all relevant questions regarding his relationships to defendants and the submission of claims for CPT tests as they relate to State Farm's allegations.State Farm had also served subpoenas on the Bank of America and Morgan Stanley for financial documents related to Weinstein and the Weinstein Entities to determine how the alleged kickback payments were made. [read post]
19 Aug 2008, 4:57 pm
For example, in the months leading up to the collapse, JP Morgan Securities, Inc., Lehman Brothers, Morgan Stanley, Bear Stearns Cos. and Merrill Lynch & Co. warned the Commonwealth of Massachusetts that the auction-rate markets were in trouble and that the state should consider refinancing some of its debt. [read post]
19 Aug 2008, 12:15 pm
  At the beginning of this financial crisis, there were six, Goldman Sachs, Merrill Lynch, Credit Suisse First Boston, Bear Stearns, Morgan Stanley, and Lehman Brothers. [read post]
19 Aug 2008, 9:12 am
Morgan Chase, Morgan Stanley, Merrill Lynch and Wachovia have agreed to buy back more than $40 billion of ARS from their clients, including individuals, charities and small-business investors. [read post]
18 Aug 2008, 5:41 pm
1    Wachtell, Lipton, Rosen & Katz    Corporate Transactions for Altria; Bank of America; Cardinal Health; Home Depot; Sears Holdings; Walgreen's; Labor Litigation for Citigroup; Travelers; 2    Cravath, Swaine & Moore LLP Corporate Transactions for Citigroup; IBM; JP Morgan Chase; Kraft; Pfizer; Commercial Litigation for Alcoa; 3    Sullivan &… [read post]
18 Aug 2008, 11:12 am
Morgan Stanley and Goldman Sachs are responding to the credit crisis with a system that uses the market's view of their own creditworthiness as a basis for lending decisions, The Financial Times reported. [read post]
16 Aug 2008, 7:04 am
But Morgan ruled that the testimony of UNC-CH constitutional law professor Dan Pollitt was inadmissable, and strictly limited the testimony of Duke University theologian Stanley Hauerwas. [read post]
15 Aug 2008, 9:10 pm
Wachovia's settlement follows on the heels of earlier settlements made by the regulators with UBS, Citigroup, JP Morgan, and Morgan Stanley. [read post]
15 Aug 2008, 4:20 pm
One day after JPMorgan Chase and Morgan Stanley reached separate settlements with New York's attorney general over the sale of auction-rate securities, Wachovia said Friday it agreed to buy back $8.5 billion of the troubled assets from its customers. [read post]