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Morgan Stanley

Morgan Stanley to slash 1600 jobs

Fri, 16/12/2011 - 20:35 by Jaspreet Virk

It's going to be a tough new year for many at Morgan Stanley. The Wall Street bank has disclosed plans to cut 1600 jobs in the first three months of the coming year.

What Foreclosuregate Means for Investors

Sat, 11/12/2010 - 11:08 by Ilan Moscovitz

 This article is part of our Rising Star Portfolios series. You can read about the Dada Portfolio here.

With tales of mortgage securitization "improprieties" and foreclosure fraud on the rise, investors may be wondering which companies will be affected. Here are three areas the Dada Portfolio is watching.

 

The Cutthroat Battle for Your Money

Sat, 11/12/2010 - 07:09 by Dan Caplinger

 Investors like to think that the financial advisors they work with are 100% focused on making sure they pick the best investments. But now more than ever, advisors have their own jobs to worry about -- and as Wall Street deals with increasing regulation and pressures on profits, you may find yourself on the short end of the customer-service stick.

 

Accretive Health Shares Popped: What You Need to Know

Sat, 13/11/2010 - 12:14 by Matt Koppenheffer

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

Foreclosure Battle Rages On

Wed, 20/10/2010 - 10:03 by Anders Bylund

"We did a thorough review of the process, and we found the facts underlying the decision to foreclose have been accurate. We paused while we were doing that, and now we're moving forward."

-- Barbara J. Desoer, president of Bank of America Home Loans

The Rogue Traders' Gallery

Fri, 08/10/2010 - 12:24 by Motley Fool

In 1987's Wall Street, experienced trader Marvin says to rookie Bud Fox, "We're all just one trade away from humility."

This Just In: Upgrades and Downgrades

Thu, 12/08/2010 - 11:29 by Rich Smith

At The Motley Fool, we poke plenty of fun at Wall Street analysts and their endless cycle of upgrades, downgrades, and "initiating coverage at neutral." So you might think we'd be the last people to give virtual ink to such "news." And we would be -- if that were all we were doing.

What Investors Think About Morgan Stanley

Sat, 17/07/2010 - 10:55 by Motley Fool

Together, we are all trying to build our fortune by finding well-run companies at bargain-basement prices. But it takes work -- scouring company earnings reports, scrutinizing key data, and assessing the competition.

Morgan Stanley to handle sale of Treasury's stake in Citigroup

Tue, 30/03/2010 - 14:59 by Ishita Sood

The Treasury Department announced on Monday that investment banking firm Morgan Stanley will handle the sale of government’s stake in Citigroup Inc. A Treasury spokesperson said that the agreement would be made public later this week.

Discover settles with Morgan Stanley

Sat, 13/02/2010 - 21:57 by Inderjit Singh

New York -- Discover Financial Services is to pay $775 million to its former parent Morgan Stanley to resolve a dispute over an antitrust settlement, officials said.

The settlement, reported Friday in a filing with the Securities and Exchange Commission, ends a legal dispute stemming from a $2.75 billion antitrust settlement payment Discover received from Visa Inc. and MasterCard Inc. as part of a 2004 lawsuit.

Morgan Stanley spun off Discover into an independent entity in 2007, with the companies agreeing Morgan Stanley was entitled to receive a portion of Discover's settlement. Discover failed to pay the dividend and Morgan Stanley sued Discover and won in a legal ruling last month.

Morgan Stanley ups pay ratio in tough year

Thu, 21/01/2010 - 08:14 by harsheeb

New York -- New York banking giant Morgan Stanley said Wednesday it earned $413 million in the fourth quarter and increased its ratio of compensation to employees.

With earnings below expectations, the bank said it managed to set aside $3.8 billion in the fourth quarter for employees, The New York Times reported.
For the year Morgan Stanley set employee compensation at $14.4 billion, about 62 percent of its total revenue, as the firm said it is attempting to retain talented staff.

Compensation aside, it was a cautious year at Morgan Stanley, which stumbled hard in 2008 and sought to regain stability and balance in 2009.

Morgan Stanley to alter bonus pay policy

Wed, 30/12/2009 - 07:03 by harsheeb

New York -- New York investment bank Morgan Stanley is considering changes to its bonus pay policy in the wake of federal bailouts, sources close to the discussions said.

The new terms are not decided, nor are they likely to go as far as Goldman Sachs, which announced it would pay top executive bonuses entirely in stock that could not be cashed in for five years, The Wall Street Journal reported Tuesday.

The deferred stock would allow the bank to retrieve bonus pay that was based on deals that did not pan out, the newspaper said.

One concept under consideration at Morgan Stanley is for the top 30 executives to have 65 percent of their bonus pay awarded in deferred stock, a system known as "clawbacks."