Credit Suisse loses $5.4 billion in Archegos Capital collapse
Archegos is a family investment firm run by fund manager Bill Hwang, who borrowed billions of dollars from nine global banks to speculate on stocks. The implosion of the fund cause
Morgan Stanley investment arm looking to invest in Bitcoins
Counterpoint Global, a $150 billion Morgan Stanley investment division, is considering adding Bitcoin to its list of options. The firm known for picking up winning growth stocks is
Morgan Stanley raises CEO James Gorman’s pay to $33 million
James Gorman’s salary ($33 million) is comprised of four parts: a base salary of $1.5 million; a deferred equity award of $7.875 million; a cash bonus of $7.845 million; and a pe
It will take 4-9 months to vaccine US completely: Morgan Stanley
Economists and analysts from the finance corporation studied the developments of the vaccine for COVID-19 and stated predictions.
Global Economy Will Recover Sharply and Quickly From Present Recession, Morgan Stanley Report
The Covid-19 coronavirus has wrought havoc with the global economy and human health. The highly contagious virus and the increasing number of infections and deaths worldwide, which
San Francisco-based Sunrun Inc. Files for an Initial Public Offering
Sunrun Inc. – a San Francisco-based US solar energy company that provides solar energy to homeowners filled for an initial public offering of its common stock on Thursday. The de
Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up
William C. Dudley, president of the Federal Reserve Bank of New York, has warned banks to change the way employees are compensated and to undertake a few more measures to fix their
Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud
Citigroup, Bank of America, Goldman Sachs Group, Barclays, HSBC and Royal Bank of Scotland are among 13 banks whose units were sued for $1.15bn by Virginia over sale of residential
Morgan Stanley still views Tesla as the Most Important Car Company in the World despite Warning
Morgan Stanley, one of the most prominent supporters of electric luxury car maker, Tesla Motors Inc., has issued a cautious report sending its shares into the pothole by Monday eve