Morgan Stanley
Morgan Stanley News
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.
Timeline: Saudi Aramco's winding road to world's largest IPO
On 6 January Saudi Arabia's Deputy Crown Prince Mohammed bin Salman mentions his interest in selling off parts of Aramco to private investors in an interview
Aramco kickstarts world's biggest IPO on Sunday in a bid to diversify economy, offers scant details
The IPO preparations were revived this summer after Aramco attracted huge interest in its first international bond sale, seen as a pre-IPO relationship-building exercise with investors.
Global recession, trade war fears grip Asian shares before Fed meeting, Jackson Hole seminar
Much depends on what the Fed does with US interest rates, making markets hyper-sensitive to the minutes, due later on Wednesday, of its last meeting
Hong Kong banks gird for online-only onslaught with high deposit rates, low fees, snazzy branches, fee waivers
The digital banks plan to begin by offering services such as savings accounts, credit cards, personal loans, foreign exchange and travel insurance.
Govt proposes guidelines for e-tailers, plans national e-commerce policy for sector's holistic growth
Among key guidelines, the e-commerce companies will also be required to ensure that personally identifiable information of customers are protected.
Morgan Stanley sets Sensex target at 45,000 by June 2020 on expectations of continuity in administration, policies
Capital markets are going to take comfort on account of continuity in administration and policies assuming re-election of a majority government, a Morgan Stanley report said while setting the target for BSE Sensex at 45,000 by June 2020
Richard Branson's Virgin Galactic space tourism dream heading closer to reality
Virgin Galactic’s spaceship development has taken far longer than expected and had a major setback.
Elon Musk owes $507 million to banks helping Tesla raise capital
Elon Musk personally owes $507 million to Wall Street banks involved in Tesla's stock and debt sale.
Tesla launches issues of new shares and debt worth more than $2 billion
Tesla expects capital expenditures of $2 billion to $2.5 billion this year.
Uber CEO Dara Khosrowshahi, management team take IPO roadshow to New York as demand builds up
Uber is set to price its $10 billion IPO on 9 May, seeking a valuation of up to $90 billion