28 articles found within the last year.
Displaying results 1 - 20
-
Morgan Stanley poaches six-member private wealth team from UBS
Morgan Stanley Private Wealth Management on Wednesday declared ... The team includes three executive directors - Maria...
-
Morgan Stanley Pvt Wealth Mgmt To Add 200 Brokers
Morgan Stanley Private Wealth Management, or PWM, is ... Morgan Stanley PWM, a unit of the joint ... The 700-adviser target is double what the division ... The move reflects brokerages' increasing focus on attracting ... Some major competitors in the ultra-high-net-worth arena are...
-
Morgan Stanley Global Wealth Mgmt Posts 3Q Profit
A rising stock market helped Morgan Stanley Global ... However, the joint venture lost 284 advisers and ... During a third-quarter conference call with analysts, Morgan ... Several hundred Smith Barney brokers left the firm ... Kelleher said that "attrition primarily in the lower...
-
Invesco seals deal for Van Kampen
Morgan Stanley agreed to sell Van Kampen and ... The deal, which had been expected, would add ... Morgan Stanley co-president James Gorman touched off the ... Morgan Stanley was also working on building its ... Invesco's Flanagan said that he expected cost savings ... Morgan Stanley is expected to be able to...
-
Crisis fails to dent largest banks' market shares
Massive changes in the investment banking industry over ... The findings appear in a report published this ... Bank of America Merrill Lynch, Citigroup and UBS ... Goldman Sachs’ share of the global investment banking ... JP Morgan, which has a market share of ... Credit Suisse's analysts wrote: “Across the industry, the...
-
'Cruz Missile' returns with a hedge fund
Nearly two years after she became one of ... The 54-year-old former Morgan Stanley co-president has begun ... The planned hedge fund is likely to invest ... Cruz's move marks the re-emergence of one of ... Her direct style and profit-machine status resulted in ... She and more than a dozen other senior...
-
Jupiter manager piles back into banks as outlook strengthens
Renowned financials investor Philip Gibbs has increased his ... Gibbs' £1.3bn (€1.4bn) financials fund at Jupiter Asset ... The latest figures published by Jupiter revealed a ... Gibbs last month predicted that bank shares would ... The news of Gibbs' dramatic turnaround on the...
-
Morgan Stanley France chairman takes Rothschild role
Morgan Stanley’s most senior banker in France has ... Patrick Ponsolle is the latest addition to Rothschild ... Ponsolle had been chairman of Morgan Stanley in ... Ponsolle was also previously a senior executive of ... David de Rothschild, chairman of the Rothschild Group,...
-
Barron's Top 20 Global Wealth Managers 2009
Cautious investors still find it difficult to know ... US publication Barron's this week compiled a definitive ... Below are the top 20 biggest wealth managers ... Big mergers, like Bank of America’s with Merrill ... 1 Bank of America Global Wealth and Investment ... 2 Morgan Stanley Smith Barney 482.0...
-
Morgan Stanley studies joint venture for Van Kampen unit
Wall Street firm Morgan Stanley is pursuing a ... Wall Street has been abuzz about what Morgan ... Morgan Stanley's interest grows out of the perception ... The deal would be structured so that Morgan ... Such an arrangement would allow Morgan Stanley to ... Morgan Stanley "would benefit from selling its asset-management...
-
Goldman's trading tips reward its biggest clients
Goldman Sachs research analyst Marc Irizarry's published rating ... The next day, research-department employees at Goldman called ... Every week, Goldman analysts offer stock tips at ... At the meetings, Goldman analysts identify stocks they ... Critics complain that Goldman's distribution of the trading...
-
Hedge funds suffer management fee blues
Less than a fifth of all hedge funds ... Only 13% of funds set-up this year have ... This is a large drop on the figure ... The average fixed management fee being charged by ... The research, published by Morgan Stanley on Friday, ... This fact supported a finding last month, made...
-
Goldman buoyed by 140% fee forecast
Goldman Sachs has recorded the largest quarter-on-quarter increase ... Revenues from debt and equity underwriting, and mergers ... Equity capital market was largely responsible for the ... Goldman is due to release its second quarter ... The world’s largest fee earner remains JP Morgan,...
-
The funds that private banks prefer
Just when wealthy individuals thought it was safe ... Most investors are content to graze gently on ... Morgan Stanley Private Wealth Management tips the Nevsky ... Morgan Stanley also likes investmentgrade credit, preferring them ... In this sector, it tips BlueBay Investment Grade...
-
UBS makes big upgrades to investment banks
Analysts at UBS have made a significant upgrade ... The five banks, Barclays, BNP Paribas, Credit Suisse, ... The analysts made the biggest upgrade to Barclays' ... Explaining the decision to increase earnings forecasts by ... The analyst wrote: “We now expect 2010 to ... Analysts at several banks, including JP Morgan and...
-
Europe’s star performers guide clients in turmoil
To describe the past year as “difficult” for ... As if that weren’t enough, laws aimed at ... Electronic trading specialists had to guide their clients ... Head of European client trading and execution, UBS ... UBS led the pack at Financial News’ buyside ... Allison joined UBS in 1997 as an options...
-
Morgan Stanley considered ditching investment arm
Morgan Stanley considered appointing a high-level asset manager ... Roger Freeman, an analyst at Barclays Capital, met ... Freeman said in a report: “Acknowledging the continued ... At a conference in February, Colm Kelleher, chief ... In its first quarter results for this year...
-
Investors stay cautious on hedge funds
The number of investors withdrawing their investments with ... Morgan Stanley has published a report called 'Wholesale ... If the US bank’s estimate is correct, this ... Huw van Steenis, head of European banks and ... He said: "We see a material slowing in ... Van Steenis added that a "dramatic" deceleration of...
-
Morgan Stanley taps UBS banker as prime-brokerage head
Morgan Stanley has replaced Stuart Hendel, head of ... Hendel "has decided to leave the firm to ... Ehrlich, who began his career at Goldman Sachs...
-
Clients pull $236m a day from Morgan Stanley's funds arm
Investors pulled an average of $236m (€182m) a ... Morgan Stanley Investment Management managed $356bn at the ... The slump was fuelled by a combination of ... Morgan Stanley said this was mainly due to ... The division reported a pre-tax loss of $559m ... Net revenues were also down compared to last...
12
