Page 21 - Morgan Stanley

Morgan Stanley posts record profit on trading boom amid Covid-19 crisis

Trading powerhouses Morgan Stanley and Goldman Sachs performed better than Main Street rivals JPMorgan Chase, Bank of America and Citigroup

Morgan Stanley, BofA lead i-banking in value terms with 50% market share

At the fifth slot is SBI Caps closing three deals worth $2.9 bn, followed by Nomura Holdings with $1.7 bn across two deals, and IDSBI Capital Markets with $1.3 bn involving two deals

RIL net debt to dip with rights issue, Jio stake sale: Morgan Stanley

Reliance Industries announced today an investment of $252 million by Intel Capital for a 0.39 per cent stake in Jio Platforms

Crude oil can hit $50/bbl in 2021; gas demand to pick up in India: Analysts

Currently, Brent prices are hovering around the $42/barrel mark

Bigbasket re-evaluates fundraising plan as demand and profit rise

The start-up in Jan had appointed Morgan Stanley and Goldman Sachs to assist it in raising $150 mn by July

What makes Morgan Stanley, Goldman Sachs, CLSA bullish on RIL

According to Morgan Stanley, multiple triggers - asset sales, pickup in energy cash flows, increased traction in omni-channel retail and rise in telecom ARPU- could further drive the stock

Global fund managers cautious on equities; geopolitics, Covid-19 key risks

A record 78% of investors surveyed by BofA Securities believe markets are most 'overvalued' since 1998

Morgan Stanley economists double down on V-shape global recovery

The economists said they expect global GDP growth will trough at -8.6 per cent year on year in the second quarter

Morgan Stanley sees 3% contraction in global GDP; 12% dip in MSCI EM index

The global economy appears headed to its most severe recession in the post-war era, although there is a fair chance of rapid rebound in the second half of 2020-2 on unprecedented policy easing

Top headlines: 3% global GDP contraction projected; crude oil to struggle

From Morgan Stanley seeing a 3% contraction in global GDP to air passenger traffic projected to stay below 25%, here are the top headlines of the day

Markets at inflexion point; analysts bullish on consumer, telecom, pharma

The recovery seen in the markets from their March 2020 lows has been quite sharp, with the S&P BSE Sensex and the Nifty50 indices gaining 27.61 per cent and 27.18 per cent, respectively since then

'Can promise' Morgan Stanley will miss medium-term financial targets: CEO

The last of the big US banks to report first-quarter earnings, Morgan Stanley said its profit slumped by 30% and it missed new return targets and cost-cutting goals

FTSE Russell proposes to raise India's weight in its global indices

Move follows MSCI step, inflows may rise by $2 billion

Calling the market-bottom is a mug's game, says Aberdeen's Hugh Young

It feels as though this is going to go on for a fair old time, he said

In this coronavirus lockdown, India feels like the calm before the storm

Strong social networks got India through the calamity of demonetisation. By not giving migrant workers enough time to get home, the govt has likely deprived them of this

Are we heading towards a global recession? Here's what top brokerages say

Analysts fear that the impact this time would be deeper than that of the 8-month long economic downturn in 2001 and the one in early 1990s

Coronavirus may spark global recession; worst since 2001: Morgan Stanley

A BofA Securities' Fund Manager Survey for March suggests investor sentiment has collapsed on the back of the coronavirus, oil shock, recession, and debt default risk.

Market Ahead, March 18: Top factors that could guide markets today

Morgan Stanley expects global growth to fall to 0.9 per cent in such a scenario, while Goldman Sachs predicts weakening of growth to 1.25 per cent

Coronavirus fear: Morgan Stanley, Goldman declare global recession underway

The outlook could darken even further if the virus lasts longer than anticipated, or wields greater economic pain -- given factories, schools, restaurants and shops are closing around the world

Goldman Sachs asks some to skip bank's conference over Coronavirus concerns

The "precautionary measures" follow similar moves taken by Morgan Stanley earlier this week, as global businesses seek to help prevent further spread of the deadly coronavirus