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
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.
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
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
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
Morgan Stanley has lowered the year-end price target for the MSCI EM index from 1,150 to 1,100
Chris Wood believes the best way of hedging long equity exposure is to remain long Eurodollar futures which are now discounting one 25 basis point (bps cut) this year
Wealth managers and robo-advisers are also appealing targets because of their relatively stable revenue
It would be the largest acquisition by an American bank since the 2008 global financial crisis, and comes as online brokers are competing fiercely for new customers
Despite a slowing economy, the budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
The government on Monday said the Non Performing Assets (NPAs) of Public Sector Banks (PSBs) stood at Rs 7.27 trillion as on September 30, 2019
The firm believes the stock is better value for money than others and has a upside as high as 73 per cent
This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the most since 91,448 in 2015
The labour ministry will enforce the retirement fund body EPFO's decision to restore pension commutation, or advance part-withdrawal, under the Employees' Pension Scheme from January 1, 2020
The trust selected the banks as advisers, said the people, who asked not to be identified as the discussions are private
FPI limit hike will be implemented from April 1, 2020
The strategy has largely paid off, with Morgan Stanley gaining market share even while it reduced headcount and capital dedicated to the business
Reliance Jio, the telecom arm of RIL, last week raised tariff by up to 39 per cent following hikes effected by other service providers.
The bank manipulated the prices of 14 French government bonds and 8 Belgian bonds in June 2015
ICICI Bank last month had reported a 27.94 per cent decline in its standalone net profit for the second quarter of 2019-20