Stephen Roach, chief economist, Morgan Stanley, has been warning the world for years about the impending financial crisis. In his new book, The Next Asia, he outlines the opportunities and the challenges for Asian countries for them to effect a change of guard. He spoke to Forbes India's Shishir Prasad about, among other things, why he has started liking India as an investment destination.
Morgan Stanley has said it would sell bank stocks at ‘each and every rally’.
http://www.ibnlive.com/news/morgan-stanley-slams-rbi-for-easing-norms/80072-7.html
Possible partners could include Morgan Stanley, Goldman Sachs or State Street Bank.
http://www.ibnlive.com/news/hit-by-financial-crisis-citigroup-looks-for-partners/78692-7.html
The US economy is on a downward slide and businesses are hit.
http://www.ibnlive.com/news/us-economy-taxpayers-say-no-bailout-on-wall-street/74160-2.html
They have now become full fledged commercial bank holding companies.
http://www.ibnlive.com/news/goldman-sachs-and-morgan-stanley-change-status/74080-7.html
The investment bank is cutting jobs mainly in wealth management and investment management.
http://www.ibnlive.com/news/morgan-stanley-to-cut-1000-jobs-as-markets-slow/57328-7.html
He says Pandit's response to a tough challenge is usually: Bring it on.
http://www.ibnlive.com/news/new-job-pandits-toughest-says-citi-ceos-friend/54380-7.html
Vikram Pandit has been appointed the CEO of Citigroup Inc, America's largest bank.
http://ibnlive.in.com/videos/54060/indians-appointment-as-citigroup-ceo-confirms-media-buzz.html
New CEO Vikram Pandit will help leverage the bank's flagging image.
http://www.ibnlive.com/news/citigroup-inc-banks-on-indian-in-time-of-crisis/54041-7.html
Cairn's IPO went soaring, but the way it became so caught SEBI's attention and now SEBI wants more details.
http://www.ibnlive.com/news/sebi-calls-for-qib-data-of-cairn-ipo/31348-7.html
Though Morgan Stanley has assigned an overweight rating to RIL, it says the compay’s earnings could stagnate in next 3 yrs.
http://www.ibnlive.com/news/morgan-stanley-overweight-on-reliance/13331-7.html
Fears of a global liquidity recession are mounting with interest rate hikes being taken up by central banks world over.
http://www.ibnlive.com/news/liquidity-bubble-may-burst-soon/12728-7.html
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