Morgan Stanley
Finding a niche
Energy and Commodity Rankings 2008: Energy
BNP names first European equity derivatives flow sales head
BNP Paribas has named Nick Tranter as its London-based head of European equity derivatives flow sales, a newly created role.
More subprime writedowns at Morgan Stanley
Morgan Stanley has taken a total of $9.4 billion in mortgage-related writedowns in the fourth quarter, causing it to lose $3.6 billion, it announced today.
Fannie Mae most active CDS in US for November
The banking and financial services sectors dominated trading volumes of credit default swaps (CDS) in the US over November, according to New York-based interdealer broker GFI.
Cruz leaves Morgan Stanley, as Chammah and Gorman rise up the ranks
Morgan Stanley announced a management overhaul yesterday, naming Walid Chammah and James Gorman co-presidents of the firm. They will replace Zoe Cruz, who spent 25 years at the firm and was the highest paid woman on Wall Street, and Robert Scully, who…
Kesselring joins Morgan Stanley
Morgan Stanley has hired Martin Kesselring as head of investment banking for Switzerland.
PensionsFirst aims to trade pension fund longevity risk
A new London-based firm, PensionsFirst, has announced it is trying to create bonds and derivatives to address the longevity and market volatility risks of UK defined benefit pension schemes.
Morgan Stanley and Merrill Lynch reveal billions more subprime damage
The subprime crisis continues to deepen as Morgan Stanley and Merrill Lynch, two of the worst-affected US banks, reveal further damage - and an SEC investigation into Merrill Lynch.
Financials dominate CDS trading again
Credit default swap (CDS) trading activity in the US focused on the financial sector in October, according to a release by New York-based broker GFI Group.
Morgan Stanley launches private equity target indexes
Morgan Stanley has launched an array of indexes that seek to generate returns from potential or realised private equity buyouts.
Lehman poaches Morgan Stanley CDO co-head
Dorothee Fuhrmann is joining Lehman Brothers in May as head of European collateralised debt obligation (CDO) and structured credit syndication.
Equities and fixed-income merged in Morgan Stanley overhaul
Morgan Stanley has made broad changes to its organisational structure and reporting lines, including ditching the separation of equities and fixed-income.
Morgan Stanley - Product review
At the end of 2006, Morgan Stanley launched a FTSE 100 kickout product for the UK, the FTSE Protected Growth Plan 14, offering potential early maturity after three years
Morgan Stanley hires new quantitative structured products head
Bernhard Scherer has joined Morgan Stanley Investment Management as global head of quantitative structured products.
Nine banks to build Mifid utility
Nine global securities firms have gone public with plans to create a trade data and market data dissemination platform, to take advantage of the EU’s Markets in Financial Instruments Directive (Mifid) reforms.
Morgan Stanley names European pensions head
Neville McKay has been appointed as managing director and head of the European pensions group at Morgan Stanley.
Bank of England hits out at quality of dealer stress-tests
The Bank of England gave the UK banking industry a stark warning today to improve stress-testing systems to avoid being dangerously exposed if there is a 'severe shock' to the financial system. The UK’s central bank made the comments in its twice-yearly…
Notley takes time out from Morgan Stanley
Sean Notley, co-head of European fixed income at Morgan Stanley in London, has taken three months' leave of absence.
SG expands structured credit team with Morgan Stanley hire
Tony Venutolo has joined Société Générale as an executive director of the investment bank’s structured credit product group in London. He will take charge of co-ordinating marketing and product development within the structuring team.
BoA bolsters rates team with ex-Morgan Stanley duo
Bank of America has hired two senior interest rate traders from rival Morgan Stanley, as it seeks to bolster its trading and rates teams across Europe, Middle East and Africa (EMEA). Tim Yip started last month, and was joined by Ferruccio Ferrara last…
GLG poaches Morgan Stanley's European strategy co-head
Ben Funnell has quit his position as co-head of European strategy in London to join GLG Partners as a fund manager. He will work on mixed-asset fund strategies alongside Noam Gottesman, a partner of the London-based hedge fund.
Interest in hybrid securitisations with leveraged loan CDSs grows
Hybrid collateralised loan obligations (CLO) deals with a leverage loan credit default swap (CDS) component are increasing in number, according to Vishwanath Tirupattur, a New York-based vice-president at Morgan Stanley, who spoke at Fitch Ratings’…