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Morgan Stanley GALLERY.
Greg Fleming, president of Morgan Stanley Investment Management, speaks during the Reuters Global Wealth Management Summit in New York June 4, 2013. Greg Fleming, president of Morgan S
Japan's biggest bank Mitsubishi UFJ Financial Group (MUFG) president Nobuyuki Hirano (2nd R) speaks as he announces the company's financial results ending March, at the Bank of Japan headquarters in Tokyo on May 15, 2013. MUFG saw lowered profits and sales due to the lack of a one-time gain that the bank had recorded from the conversion of its Morgan Stanley preferred share holdings into common shares. The banking group's net profit fell 13.1 percent to 852.62 billion yen (8.3 billion USD) while revenue fell 3.8 percent to 4.76 trillion yen. Japan's biggest bank Mitsubishi UFJ
Pedestrians walk past a signboard (R) of Japanese bank Mitsubishi UFJ Financial Group (MUFG) in Tokyo on May 15, 2013. MUFG saw lowered profits and sales due to the lack of a one-time gain that the bank had recorded from the conversion of its Morgan Stanley preferred share holdings into common shares. The banking group's net profit fell 13.1 percent to 852.62 billion yen while revenue fell 3.8 percent to 4.76 trillion yen. Pedestrians walk past a signboard (
A man walks past a signboard of Japan's three mega banks, Sumitomo Mitsui Banking Corporation (top), Mizuho Bank (C) and Bank of Tokyo-Mitsubishi UFJ, in Tokyo May 15, 2013. Mitsubishi UFJ Financial Group Inc, Japan's largest lender by assets, posted a 13.1 percent decline in net profit for the year ended in March after it enjoyed hefty one-time gains from its investment in Morgan Stanley a year earlier. A man walks past a signboard of Jap
David Darst, chief investment strategist at Morgan Stanley Smith Barney, gives a thumbs up as he leaves the stage after speaking at the annual Skybridge Alternatives Conference on Las Vegas May 8, 2013. David Darst, chief investment strat
David Darst, chief investment strategist at Morgan Stanley Smith Barney, speaks at the annual Skybridge Alternatives Conference in Las Vegas May 8, 2013. David Darst, chief investment strat
Thomson Reuters CEO Jim Smith (R) chats with Morgan Stanley Chief Financial Officer Ruth Porat, who recently declined to be considered for the Deputy Treasury Secretary, chat at a Thomson Reuters reception prior to the White House Correspondents' Association Gala, in Washington, April 27, 2013. Thomson Reuters CEO Jim Smith (R) c
The headquarters of Morgan Stanley is pictured in New York in this January 9, 2013 file photo. Morgan Stanley reported a stronger-than-expected first-quarter profit of $958 million, compared with a year-earlier loss of $119 million, as its wealth management business grew. The headquarters of Morgan Stanley
NEW YORK, NY - APRIL 11: (L-R) Cheryl Joyner, Patrick Ignozzi and Executive Director, Morgan Stanley Shereese Clarke Soares attend the launch party for Hardamon's new book 'Trying To Get There: Navigating Your Success' at Soho House on April 11, 2013 in New York City. NEW YORK, NY - APRIL 11: (L-R) Che
NEW YORK, NY - APRIL 11: (L-R) North America Head, Citigroup Alternative Investment Services Roderick A. Hardamon, Executive Director, Morgan Stanley Shereese Clarke Soares and Karim Ramos attend the launch party for Hardamon's new book 'Trying To Get There: Navigating Your Success' at Soho House on April 11, 2013 in New York City. NEW YORK, NY - APRIL 11: (L-R) Nor
strongMumbai:/strong Morgan Stanley upgraded Titan Industries to equal-weight from underweight, citing under-performing shares, which the bank attributed to concerns about potential government intervention to curb gold imports and disappointing October-December results. [caption id=attachment_669664 align=alignleft width=380 strongMumbai:/strong Morgan Stanley
strongMumbai:/strong International brokerage Morgan Stanley today said the 0.25 percent rate cut by the Reserve Bank will not be effective unless the consumer price index inflation falls, coupled with an improvement in deposit growth. We believe policy rate cuts will not likely be effective until we see meaningful deceleration in CPI inflation and improvement in deposit growth, its economists said in a note. The report said persistently high CPI inflation, which stood at 10.91 percent in February, is leading to elevated expectations, which in turn is hampering deposit growth and also leads to an increase in gold imports. [caption id=attachment_668628 align=alignleft width=380 strongMumbai:/strong International
strongHong Kong:/strong Goldman Sachs has hired Morgan Stanley's Asia investment banking head Kate Richdale, the most senior banker in the region to be poached so far this year at a time when annual bonuses are being paid amid fierce competition for business in a low-fee environment. Richdale will be head of investment banking services for Asia ex-Japan, a role that involves managing the firm's client relationships in the region, according to an internal memo obtained by Reuters on Thursday. [caption id=attachment_651415 align=alignleft width=380 strongHong Kong:/strong Goldman Sac
Kate Richdale (C) talks to David Ryan, president of Goldman Sachs Asia Pacific, at the International Financing Review (IFR) Asia awards dinner in Hong Kong, in this February 20, 2013 handout photo provided by IFR Asia. Goldman Sachs has hired Morgan Stanley's Asia investment banking head Richdale, the most senior banker in the region to be poached so far this year at a time when annual bonuses are being paid amid fierce competition for business in a low-fee environment. Picture taken February 20, 2013. Kate Richdale (C) talks to David Ry
A picture taken on March 24, 2009 in Cannes on the French Riviera shows the Intercontinental Carlton hotel. Top US bank Morgan Stanley announced on April 12, 2011 that it sold seven hotels of the Intercontinental group, (one of them being the Cartlon) to Lebanese businessman Toufic Aboukhater. A picture taken on March 24, 2009 i
strongMUMBAI:/strong Standard Chartered is in talks to buy Morgan Stanley's Indian private wealth management unit, which manages about $1 billion including loans, two sources with direct knowledge of the situation said on Wednesday. A couple of Indian financial services companies have also shown interest in buying the wealth management business, and a formal bidding process is expected to start soon, one of the sources told Reuters. The source did not name the companies. Both the sources declined to be named as they are not authorised to speak to the media. Asia-focused Standard Chartered, which is also listed in India, and Morgan Stanley declined to comment, when contacted by Reuters. Morgan Stanley launched the sale of its Indian private wealth management unit in November last year, after entering the highly fragmented and competitive market about four years ago. [caption id=attachment_642712 align=alignleft width=380 strongMUMBAI:/strong Standard Chart
A man walks in front of the under-construction One BKC commercial complex, being built by The Wadhwa Group, in the Bandra-Kurla Complex in Mumbai February 20, 2013. Blackstone Group LP is driving the migration of private equity money into India's commercial real estate after the global financial crisis cooled the country's once-ardent residential segment and the number of unsold new homes surged. Despite a limited supply of commercial real estate open to foreign investment and a lack of exit options, many investors such as Morgan Stanley and Rothschild-backed Xander Group Inc are eager to grab a bigger slice of India's property market due to the country's fast-growing economy, the promise of double-digit returns and attractive valuations. Morgan Stanley, which has made several residential property investments in India, is in talks to invest $186 million in its first office development in the country, in Mumbai's Bandra-Kurla financial district, Reuters reported recently. Picture taken February 20, 2013. A man walks in front of the under-c
NEW YORK, NY - FEBRUARY 11: Managing Director and Global Head of Alternative Investments at Morgan Stanley Smith Barney, Colbert Narcisse attends the Mataano fall 2013 fashion show during Mercedes-Benz Fashion Week at Landmark on the Park on February 11, 2013 in New York City. NEW YORK, NY - FEBRUARY 11: Managi
strongMumbai:/strongT he global real estate fund of Morgan Stanley is in talks with the Wadhwa Group to invest Rs 900-1000 crore($168-$186 million) in an office development in Mumbai, three sources familiar with the matter told Reuters. Morgan Stanley Real Estate Investing (MSREI) plans to invest in jointly developing 1.6 million square feet of office space in Bandra Kurla Complex, a financial district in Mumbai, said two of the sources on condition of anonymity as the deal is not yet final. [caption id=attachment_618933 align=alignleft width=380 strongMumbai:/strongT he global rea
Morgan Stanley raised weightage of energy stocks in its India model portfolio to 3 percent, while cutting 1 percent each from consumer staples and discretionary stocks. [caption id=attachment_610234 align=alignleft width=380 Morgan Stanley raised weightage of
Greg Peters, Global Head of Fixed Income Research for Morgan Stanley, speaks at the Reuters Investment Outlook Summit in New York in this June 15, 2009 file photograph. Peters, Morgan Stanley's Chief Global Asset Strategist, is leaving after 12 years with the investment bank and wealth manager to pursue opportunities on the buyside, according to people familiar with the matter on January 29, 2013. Greg Peters, Global Head of Fixed I
strongMumbai:/strong Morgan Stanley intends to allow its banking licence in India to lapse as part of its changed business strategy, he emEconomic Times/em newspaper reported on Saturday. However, the Wall Street bank will continue to run its investment banking business and stay registered as a non-banking finance company with the central Reserve Bank of India, the newspaper reported, citing an unnamed senior banker.[caption id=attachment_603051 align=alignleft width=380 strongMumbai:/strong Morgan Stanley
Morgan Stanley CEO James Gorman is interviewed by Senior Correspondent Charlie Gasparino on the Fox Business Network, in New York, Friday, Jan. 18, 2013. Profits roared back at the investment bank Morgan Stanley in the fourth quarter, reversing a loss in the same period a year ago, when its results were weighed down by a costly legal settlement. Morgan Stanley CEO James Gorman is
Morgan Stanley CEO James Gorman prepares to be interviewed by Senior Correspondent Charlie Gasparino on the Fox Business Network, in New York, Friday, Jan. 18, 2013. Morgan Stanley CEO James Gorman pre
The headquarters of Morgan Stanley is seen in New York in this January 9, 2013 file photo. Morgan Stanley is deferring 100 percent of the bonuses for high-earning employees, according to three sources familiar with the situation. The headquarters of Morgan Stanley
Morgan Stanley plans to cut 1,600 employees starting this week, two people familiar with the matter said on Wednesday, in the latest sign of a pullback on Wall Street as revenue from trading and deal-making remains in the doldrums. The staff reduction pertains to Morgan Stanley's institutional securities unit - which includes sales, trading and investment banking, and whose staff will be reduced 6 percent - as well as related support staff who work in areas like technology, said the sources, who were not authorized to speak publicly about the matter. [caption id=attachment_583445 align=alignleft width=380 Morgan Stanley plans to cut 1,600 e
NEW YORK, NY - JANUARY 09: A man stands outside Morgan Stanley headquarters in Manhattan on January 9, 2013 in New York City. Morgan Stanley announced plans to cut 1,600 jobs, or 6 percent of its workforce, due to 'market conditions'. NEW YORK, NY - JANUARY 09: A man s
The headquarters of Morgan Stanley is pictured in New York January 9, 2013. Morgan Stanley plans to cut 6 percent of its institutional securities unit staff starting this week, two people familiar with the matter said on Wednesday in the latest sign of a pullback on Wall Street as revenue from trading and dealmaking remains in the doldrums. Combined with related job cuts of support staff, Morgan Stanley's workforce reduction will amount to 1,600 people, said the sources, who were not authorized to speak publicly about the matter. The headquarters of Morgan Stanley
The headquarters of Morgan Stanley is pictured in New York in this June 1, 2012 file photo. To match ASIA-EQUITYMARKETS/BLOCKS. The headquarters of Morgan Stanley
strongBoston: /strongMorgan Stanley, the lead underwriter for Facebook's troubled public stock offering, has agreed to pay $5 million to Massachusetts' securities regulators after they accused it of disclosing a revenue shortfall only to certain analysts and not the general public. According to state regulators, a Morgan Stanley banker organised phone calls between Facebook's treasurer and the analysts of major underwriters to relay revenue figures that weren't included in revised documents Facebook Inc filed with US securities authorities on 9 May, about a week before the initial public offering of stock. The numbers were lower than what many analysts had expected and caused them to revise their annual revenue estimates down about 3 percent below the $5 billion that Facebook had earlier forecast for 2012, according to Massachusetts officials. [caption id=attachment_561363 align=alignleft width=380 strongBoston: /strongMorgan Stanley