Articles About Morgan Stanley
- Author:
- Tom Silva
- Posted:
- 06.05.2012
Chinese Conglomerate Buys AMC to Create World’s Largest Theater Chain
Chinese conglomerate Dalian Wanda Group Company is buying the movie theater chain AMC Entertainment Holdings, for $2.6 billion in China’s biggest takeover of an American company. The purchase reflects the global ambitions of a wave of cash-rich Chinese companies that are speeding their expansion by obtaining foreign skills and brand names. According to Wanda, the […]
- Author:
- James I. Clark III
- Posted:
- 10.24.2011
Federal Reserve Asks for Comments Before Implementing the Volcker Rule
Federal regulators have requested public comment on the Volcker Rule — the Dodd-Frank Act restrictions that would ban American banks from making short-term trades of financial instruments for their own accounts and prevent them from owning or sponsoring hedge funds and private-equity funds. The Volcker rule, released by the Federal Reserve, the Federal Deposit Insurance […]
- Author:
- Tom Silva
- Posted:
- 06.27.2011
Potential Facebook IPO Could Value Company at $100 Billion
Facebook is likely to file for an initial public offering (IPO) as early as October or November that could value the popular social networking site at more than a whopping $100 billion. Goldman Sachs is the top candidate to manage the lucrative offering, which could come in the 1st quarter of 2012. Facebook, whose chief […]
- Author:
- James I. Clark III
- Posted:
- 08.25.2010
Volcker Rule Is Giving Big Banks Headaches
Curiosity is growing about which Wall Street banks will be the first to get out of proprietary trading or the private equity business as they restructure to come into compliance with new financial regulatory reform legislation. The Volcker Rule – named for former Federal Reserve chairman Paul Volcker – limits banks from these practices and […]
- Author:
- James I. Clark III
- Posted:
- 04.29.2010
Fed Governor: U.S. Faces “Significant Economic Challenges”
The United States still faces “significant economic challenges”, with unemployment at “stubbornly” high levels and businesses that are reluctant to spend as government deficits rise. This is the opinion of Federal Reserve Governor Kevin Warsh, who said “Taking account of the broad range of economic and financial conditions, there is no wonder that the electorate […]
- Author:
- Mike Ochs
- Posted:
- 04.21.2010
Bank of America Throws a Lifeline to Underwater Homeowners
Bank of America (BofA) is taking steps to write down mortgage principal owed by thousands of underwater homeowners in what has been termed “the mortgage industry’s boldest move yet” to resolve the nation’s foreclosure problem. Bank of America can well afford the initiative. According to Betsy Graseck, a Morgan Stanley analyst, the ultimate cost of […]
- Author:
- James I. Clark III
- Posted:
- 04.02.2010
Kenneth Feinberg Widens Review of Rescued Bank Compensation
The nation’s pay czar is widening his review of how much money hundreds of banks paid their top executives during the 2008 financial crisis. Kenneth R. Feinberg, officially the Special Master for Executive Compensation, is asking for details on compensation at 419 banks that were bailed out by the Treasury Department’s Troubled Asset Relief Program […]
- Author:
- Tom Silva
- Posted:
- 10.21.2008
The Federal Government Takes First Steps to Bail Out Banks
The Treasury Department is spending the first $250 billion of the $700 billion rescue bill that Congress recently approved in an attempt to defuse the financial crisis that has dominated the headlines for weeks. According to an article on GlobeSt.com the move – which partially nationalizes the banking system – is seen by some as […]