Morgan Stanley

Why is San Francisco’s First Republic Bank in trouble? Why did the biggest US banks step in to save it?

After the Silicon Valley Bank debacle, First Republic came under scrutiny for uninsured deposits. Its shares fell, as it scrambled to reassure customers it can avoid the same fate. Now, 11 of the biggest US banks have announced a $30 billion rescue package to prop it up and stave off a bigger crisis

Why this could be India's decade globally. Ridham Desai outlines factors

Calling it a quintessential self-help story, Ridham Desai, head of India-Equity Research and India Equity Strategist at Morgan Stanley, said that India is helping itself probably dominate the world in the near future

Tesla CEO Elon Musk says he has $46.5 billion in financing ready to buy Twitter

Elon Musk said in documents filed with US securities regulators that the money would come from Morgan Stanley and other banks, some of it secured by his huge stake in Tesla

Morgan Stanley cuts India's GDP growth forecast to 7.9% for FY23

India is affected through three key channels — higher prices for oil and other commodities; trade, and tighter financial conditions, influencing business/investment sentiment, it said

Banished and dissociated: These businesses and institutions are cutting ties with Donald Trump

Big businesses donate to both political parties and say their support is tied to narrow issues of specific interest to their industries. Now, a flurry of companies are reviewing their giving practices.

Facebook invests $5.7 billion in Reliance Industries Jio Platforms; plans digital services for Indian grocers

The deal for 9.99 percent of Jio Platforms, which houses the telecoms unit Jio Infocomm as well as other news, movie and music apps, gives Jio Platforms an enterprise value of about $66 billion, Reliance said.

Stock market gains alongside economic pain driven by massive boost from Fed; some worry about over-optimism

The US stock market has changed its mood swiftly since 23 March—when the S&P 500 dropped as much as 35 percent below its 19 February peak.

Oil crisis: Saudi Arabia, Russia fracas over production cut sends prices crashing; puts Africa's cash-strapped producers in peril

A three-year supply pact between the Organization of the Petroleum Exporting Countries (OPEC) and other oil producers, including Russia, fell apart this month after Moscow refused to support Riyadh’s plan for deeper production cuts,

Citigroup, Credit Suisse, Nomura among banks curbing trips to Italy on fears over coronavirus outbreak: Report

The curbs come as coronavirus infections have soared across northern Italy over the past few days, causing seven deaths and more than 200 cases.

Bharti Airtel to gain at cost of Vodafone Idea as it has better balance sheet strength, say brokerages

Bharti Airtel expects industry revenues to start growing again due to recent tariff hikes, and expects industry revenues to surpass $50 billion (timeline unspecified) as opposed $30 billion at present, per company.