CitiCorp and Morgan Stanley Asset Management took terrible beatings from respondents in the 2014 U.S. Full Service Full Service Investor Satisfaction Study while Fidelity Investments did particularly well.
ThinkstockWednesday’s big announcement is that the Federal Reserve did not object to the capital plans for some 25 of the 30 banks under review which were participating in the Comprehensive Capital Analysis…
Morgan Stanley reportedly is considering its options, including a possible outright sale, for its private Swiss private banking business. Other international banks have also offloaded their Swiss operations recently.
Trey Thoelcke One of the terrible things about taking interest rates to near zero and keeping them there is the savers in this country get murdered. After all these years of low rates, what…
ThinkstockChinese Internet service provider NQ Mobile Inc. (NYSE: NQ) was attacked by short selling firm Muddy Waters LLC in late October and the company’s share price tumbled from a 52-week high of…
The old saying is that financial stocks are indicators of broad market strength or weakness, so that makes it imperative to watch what short sellers are doing. 24/7 Wall St. has tracked…
These are this the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, January 8.
courtesy of TwitterShares of Twitter Inc. (NYSE: TWTR) tumbled 4% Monday following a downgrade to Underweight by Morgan Stanley (NYSE: MS). The stock continues its slide today, dropping another 6.5% with no…
When a firm that co-managed an initial public offering (IPO) cuts its rate on the stock that it recently backed, people notice. That is what happened Monday morning with shares of Twitter.
Courtesy RosneftGlobal mega-bank Morgan Stanley (NYSE: MS) said late Friday that it has agreed to sell its global oil trading business to Russia’s state-controlled oil giant OAO Rosneft for an undisclosed sum.…
Public domain via Wikimedia CommonsWith an expected vote due next Monday on the so-called Volcker rule, one question on big bank stocks is whether the impact of that rule has been fully…
ThinkstockStocks have pulled back ahead of the jobs data, and investors need to be considering how to position their portfolios going into year-end and 2014. 24/7 Wall St. reviews many Wall Street…
ThinkstockFour of the largest U.S. banks saw their ratings from Moody’s Investors Service cut on Thursday. The agency cited the reduced likelihood that the government would help Bank of New York Mellon…
ThinkstockThe UBS proprietary institutional flow data indicates that hedge funds are increasing exposure to financials and decreasing exposure to health care. Given that health care has outperformed significantly year to date, hedge…
ThinkstockAs the third-quarter earnings season gets underway, investor angst has been fueled on several fronts, not least by the continued showdown in Washington that has threatened to hijack global equity markets. As…
