Topic: Morgan Stanley
SEC sues ex-NY loan trader over alleged kickbacks
Reuters US Online Report Business News
NEW YORK (Reuters) - A former stock loan trader at Morgan Stanley and Bank of America Corp in New York received well over $100,000 of cash kickbacks by steering orders to other brokerage firms, the U.S. Securities and Exchange Commission said in a lawsuit filed on Tuesday. In a ...
Citigroup exec to join Morgan Stanley: report
Reuters US Online Report Business News
(Reuters) - Gary Shedlin, who was most recently chairman of Citigroup's <C.N> investment banking effort for financial institutions, focusing on client relationships, is departing to join Morgan Stanley <MS.N>, Bloomberg said citing a person with knowledge of the matter. Shedlin notified Citigroup of his ...
U.S. companies amass record cash vs debt: report
Reuters US Online Report Business News
NEW YORK (Reuters) - U.S. corporate borrowers amassed the most cash relative to debt on record through the fourth quarter and will likely preserve cash levels this year, supporting corporate bonds, Morgan Stanley said on Friday. Cash amounted to just under 30 percent of debt in the fourth quarter, versus ...
General Growth shares rise in Big Board return
Reuters US Online Report Business News
NEW YORK (Reuters) - Shares of General Growth Properties <GGP.N> rose on Friday, their first day back on the New York Stock Exchange, even as the U.S. mall owner operates under bankruptcy protection. Shares of the real estate investment trust were up 2.3 percent to $14 ...
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