morgan-stanley
Weak markets leave Morgan Stanley struggling to reach return-on-equity target
April 18, 2016 by admin · Leave a Comment
Trouble in fixed-income markets cut deep into Morgan Stanley’s trading revenue. Morgan Stanley’s return-on-equity, a key measure of how well it uses shareholder capital to earn profits, was 6.2 percent, well below Gorman’s goal of 9 percent to 11 percent by the end of next year. “It must be said that if these markets were to continue as is, our goals would be extremely difficult to achieve and we would therefore take additional appropriate actions,” Gorman said on a conference call
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Weak markets leave Morgan Stanley struggling to reach return-on-equity target
morgan-stanley
Hedge funds place bets on Morgan Stanley; some exit Valeant
February 16, 2016 by publisher · Leave a Comment
NEW YORK/BOSTON (Reuters) – Top U.S. hedge fund management firms, including Dan Loeb's Third Point LLC, took new positions in Morgan Stanley during the fourth quarter, ahead of the bank's cost-cutting measures and bond-management reshuffling.
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Hedge funds place bets on Morgan Stanley; some exit Valeant