Updated throughout the day. Robert Benmosche, CEO of American International Group (NYSE: AIG) threatened to resign, again. (Bloomberg) Morgan Stanley Group (NYSE: MS) will hire 100 new private bankers (NY Times) Douglas…
GM is likely to go public within the next three quarters, particularly if the economy avoids a double dip recession. The rumor is that JPMorgan Chase (NYSE: JPM) and Morgan Stanley (NYSE:…
Updated throughout the day. CBS (NYSE: CBS) and Disney’s (NYSE: DIS) ABC may be sold (NYPost). Barclay’s (NYSE: BCS) Private Equity may be spun out. (Reuters) John Hyman, formerly of Morgan Stanly…
Reuters:  China avoided a commitment on the yuan’s value during talks with the US. Reuters:  A Senate committee will look at the UAL (NASDAQ: UAUA) merger with Continental (NYSE: CAL). Reuters:  Geithner…
Update throughout the day. The head of global markets for UBS in Asia is leaving. IFR “Citigroup sold a series of mortgage-linked securities without disclosing that Morgan Stanley helped shape them while…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Reuters:Â Â The Senate backed restrictions on credit rating agencies and credit card fees. Reuters:Â Â Oil dropped to a three-month low based on demand. Reuters:Â Â Facebook will hold a staff meeting on privacy.…
Updated throughout the day. The NY Attorney General is probing the relationship between eight banks and ratings agencies. The financial firms include Goldman Sachs, Morgan Stanley, UBS, Citigroup, Credit Suisse, Deutsche Bank, Crédit Agricole…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
These are ten of the top analyst upgrades, downgrades, and initiations seen in Wall Street research calls this Thursday: ArcelorMittal (NYSE: MT) Cut to Neutral at UBS. eBay Inc. (NASDAQ: EBAY) Raised…
The Wall Street Journal reports that J.P. Morgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), Deutsche Bank AG (NYSE:DB) and UBS AG are under investigation for allegedly having “misled investors about their roles…
NYT:Â Â NY Attorney General is investigating eight banks for allegedly providing misleading information about mortgage instruments to rating agencies: The Goldman Sachs Group (NYSE: GS), Morgan Stanley(NYSE: MS), Deutsche Bank (NYSE: DB),…
Reuters:Â Â The SEC said there was no single cause of the market plunge. Reuters:Â Â The Senate approved a single audit of the Fed. Reuters:Â Â Morgan Stanley Group (NYSE: MS) is the subject…
Updated throughout the day China shipbuilder Jiangsu Rongsheng Heavy Industries will have an IPO of $1.5 billion with JPMorgan (NYSE: JPM) and Morgan Stanley (NYSE: MS) as underwriters (Reuters) The Senate will start voting…
WSJ:Â Warren Buffett intends to discuss his investment in Goldman Sachs Group (NYSE: GS) at the Berkshire Hathaway (NYSE: BRK.B) annual meeting. Reuters:Â Â Federal authorities have started a criminal probe into Goldman.…
