Page 19 - Morgan Stanley

Morgan Stanley names new country head in India promotion spree

Sanjay Shah will be the bank's country head for India, effective immediately

US banks including JPMorgan to delist some Hong Kong products after US ban

US banks Goldman Sachs, JPMorgan and Morgan Stanley will delist 500 Hong Kong-listed structured products, following a US ban on investments in companies Washington deems linked to China's military

Investment banking from home thrived in Covid, but some fear losing edge

Some investment bankers fear losing their competitive edge as they pitch digitally for business, amid concerns that younger bankers are falling behind

Economic recovery, fewer NPAs to drive banks' re-rating in 2021: Analysts

With corporate asset quality cycle behind and Covid-19 impact fairly contained, analysts at Nomura think front-line banks will see faster-than-expected return on equity (ROE) recovery in 2021

Federal Bank: Ripe for re-rating despite guidance in run-rate of slippages

Strong growth is expected to counter the likely asset quality issues

RIL's multi-billion-dollar deals help Morgan Stanley top M&A league table

The US-based bank has advised 25 transactions with values touching as much as $28 bn; BoFA is second in the chart

Optiver makes highest international offer of Rs 1.39 crore pa at IIT Bombay

Microsoft, Texas Instruments among top recruiters at IITs in terms of offers

Tesla S&P 500 debut may spark $8 bn demand, say Goldman Sachs analysts

As Tesla's market value burgeons, the Palo Alto-based firm is also winning over some long-term skeptics

Analysts bullish on mid-and small-caps; expect outperformance in 2021

The S&P BSE Small-cap index has outperformed with a rally of 86 per cent from its lowest intra-day level in March 2020 to 16,003 levels now.

Reforms create room for higher foreign allocation to India: Morgan Stanley

Equity strategist says improved hopes on growth may be an opportunity for those who had pared their India bets in recent years

Sensex to rise 15% more to 50,000 by December 2021: Morgan Stanley Report

The report by American brokerage Morgan Stanley comes at a time when many experts, including RBI Governor Shaktikanta Das, have noted the disconnect between the real economy and the markets

Morgan Stanley sees Sensex at 50,000 in 2021, raises index EPS

Brokerage believes the economic growth cycle is not fully priced in; equity market may have more legs before it tops out

Go risk-on, 'keep the faith, trust the recovery' in 2021: Morgan Stanley

In an outlook for 2021, a team including Andrew Sheets recommended investors overweight equities and corporate bonds ag­ainst cash and government debt, and sell the US dollar

Foreign ownership limits: MSCI India to see passive inflow of $2.5 billion

Back in April 2020, the investment legroom for foreign investors in several Indian companies had gone up following the government's decision to automatically treat the sectoral limit as the FPI limit

Inflation is a key risk to India's V-shaped economic recovery

As we parse through the data, we think that the underlying growth momentum suggests a broadening of the recovery, with domestic demand indicators improving

Chris Wood hikes allocation to Indian equities; raises stake in HDFC

Among Indian stocks, besides HDFC, Wood also holds Reliance Industries (RIL), Maruti Suzuki, SBI Life Insurance, DLF and Cipla

Morgan Stanley to buy Eaton Vance for $7 bn in asset management push

Morgan Stanley's wealth management and investment management businesses already account for 40-50% of the bank's revenue

5 reasons why Morgan Stanley is bullish on ICICI, Axis and HDFC Bank

Morgan Stanley believes the banks could provide aggressively for bad loans (unlike the banking system) and accelerate the pace of loan market share gains as the economy stabilizes

Goldman Sachs to Fitch: Global rating agencies cut India's GDP forecast

Downward revision follows a sharp contraction in the economy in the April-June period, when GDP came in at a negative 23.9 per cent YoY, the worst show in nearly four decades

Global economy seeing V-shaped recovery, inflation may rise: Morgan Stanley

The global economy is likely to recover to pre-pandemic levels by early next quarter, about three months earlier than previously expected, economists at Morgan Stanley said