Kevin Dowd pleaded guilty against an insider trading case filed against him in a US District Court in New Jersey.
Morgan Stanley
NCUA files case against Morgan Stanley and 8 others for selling USD 2.4 billion in faulty securities
A US regulator filed a case against Morgan Stanley and eight other lenders for selling faulty securities to two credit unions.
The National Credit Union Administration (NCUA) had filed complaints against Morgan Stanley and eight other financial institutions for selling faulty mortgage-backed securities.
James Gorman, the CEO of Morgan Stanley, said that he personally invest in municipal bonds, a biotech firm and for his children's accounts,in global equities.
On Wednesday, Hilton Worldwide said it would start marketing a high yield bond valued USD3.25 billion on Thursday as a part of the company's refinancing ahead of its IPO.
The projected savings for the merger of Glencore and Xstrata was at UDD500 million but nearly a year later, the savings is worth four times that projected amount.
According to sources that told Reuters, mortgage software company Ellie Mae had hired Morgan Stanley to try to sell the company.
Hedging against possible long term structural changes with Blackberry, Morgan Stanley has put on hold the purchase of new devices from the Canadian company amidst the turmoil the smartphone company is now facing.
After the fall of Lehman Brothers, Morgan Stanley retained its reputation as a law-abiding investment bank.
Goldman is reportedly leading in the race with Morgan Stanley to acquire largest share of Huarong's stock sale.
US major firms including Wal-Mart, Google, Morgan Stanley and Dell raised concerns regarding patent trolls and urged legislators to broaden US Patent and Trademark Office's scope of power in reviewing patents.
Analysts said that China Mobile would play a huge part in China's explosive mobile growth which would allow investors to continuously gain profit.
As JPMorgan Chase & Co. prepared its physical commodities trading exit, the "Wall Street Refiners" were set to be in the spotlight.
The camera-producer titans find it hard to sell its product due to the increasing demand for smartphones.
BrightSources stated that it has raised up to US$15 million in convertible promissory note offerings and equity funds.
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