After the fall of Lehman Brothers, Morgan Stanley retained its reputation as a law-abiding investment bank.
Investors
ING sells Korean life insurance unit to MBK for USD1.7 billion
ING Groep NV had sold its South Korean insurance unit for USD1.7 billion to MBK Partners Ltd. MBK Partners Ltd. is an Asian buyout company which was formed by ex-Carlyle Group executives.
Uralkali CEO in custody after holding potash talks in Belarus
Uralkali CEO Vladislav Baumgertner was held in custody after holding potash discussions in Belarus. OAO Uralkali Chief Executive Officer Vladislav Baumgertner was detained in Belarus.
Gold prices recover in past week
Gold prices, after a previous period of decline, is now on the rise, recently topping the USD1,400 level.
First woman of finance, Muriel Siebert, dies at 80
Muriel Siebert, the first woman to ever take a seat on the NYSE, succumbed to cancer complications and died at the age of 80.
Latest News
Acquia Inc. hired a new chief financial officer before it would start discussions with banks for an IPO.
Carlos Slim gives support to Telefonica's buyout of Royal KPN NV. In a surprise move, Carlos Slim's America Movil SAB gave its 'irrevocable commitment' to vote in favor of KPN's E-Plus unit's sale to Telefonica Deutschland Holding AG.
Anadarko sells part of its stake in Mozambique property to Oil and Natural Gas Corp. Ltd. for USD2.64 billion.
Canva launched a new tool for design creation and collaboration through a USD3 million in seed funding.
An analysis by Bloomberg said that the next CEO of Microsoft would face a lot of big choices to make after Steve Ballmer's resignation.
SAC Capital founder Steven Cohen ended charges of insider trading with a USD616 million settlement deal.
CNH Industrial COO Richard Tobin is the new CEO of the merged company between Fiat Industrial and CNH Industrial.
Private equity exits in India had doubled amid the weakened currency, unstable market capital and poor macro-economic conditions.
The second part of the trial on patent infringement between Microsoft and Google's Motorola will continue this week.
