Silicon Valley Deal Maker to Join Commerce Dept.
Michael Grimes, a top banker at Morgan Stanley, would become the latest leading tech figure to join the Trump administration, ...
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MUFG Bank reprimanded for securities-related lapses
MUFG Bank has received a reprimand from the Japan’s Association of Real Estate Securitization in relation to inappropriate ...
Morgan Stanley stock outperforms competitors on strong trading day
Morgan Stanley closed 0.36% below its 52-week high of $139.04, which the company reached on January 24th.
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Elon Musk told staff X is ‘barely breaking even’, reports say
Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had ...
Micron (MU) Receives a Hold from Morgan Stanley
In a report released today, Joseph Moore from Morgan Stanley maintained a Hold rating on Micron (MU – Research Report), with a price target of ...
Pimco, Apollo Among Funds Looking at Next $3 Billion of X Debt
Pacific Investment Management Co. is among asset managers looking at buying a portion of $3 billion of debt tied to Elon Musk ...
Diameter, Darsana Snapped Up Major Share of $1 Billion of X Debt
Diameter Capital Partners and Darsana Capital Partners were among firms that snapped up a major chunk of $1 billion of debt ...
Banks prepare to sell US$3bil of X buyout debt
A group of banks led by Morgan Stanley is preparing to sell as much as US$3bil of senior debt tied to Elon Musk’s buyout of X ...
Analysis-BOJ May Revert to Fuzzy Communication After Fed-Style Clarity on Rates
After the BOJ caught markets off guard with December's decision, Governor Kazuo Ueda flagged uncertainty over U.S. economic ...
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Dollar Posts Worst Week in 14 Months as Tariff Risks Subside
The dollar wrapped up its worst week in 14 months as currency traders grapple with lots of tariff talk, with no real action, ...
Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...
User growth is stagnant, we’re barely breaking even: Elon Musk tells X employees
Elon Musk has revealed that X, formerly Twitter, is struggling financially since his $44 billion acquisition. Banks are attempting to sell $3 billion of the associated debt, having faced difficulty ...