May 22 (Reuters) - Morgan Stanley's head of fixed income, Ken deRegt, is retiring from the firm, according to internal bank memos obtained by Reuters, after the company sustained a more than 40 percent... Read More
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Morgan Stanley fixed income head deRegt retires
May 22, 2013
May 22 (Reuters) - Ken deRegt, who became a leading figure in the bond market over three decades, is retiring from his post as head of fixed-income at Morgan Stanley, the firm said on Wednesday. Read More
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Over its 16-year history, the Urban Alliance has placed some 11,000 low-income D.C., Chicago and Baltimore youth in paid internships and curriculum training programs, preparing them for a life of... Read More
from Financial Content
Seaport District’s Innovation Center to open in June
May 22, 2013
Mayor Thomas M. Menino got his first glimpse of the Boston Innovation Center today as construction nears completion on the 12,000-square-foot building that is being outfitted for start-ups with 3,000... Read More
from Financial Content
13F Filings: Superstar Investor Buys and Sells
May 22, 2013
J.P. Morgan leads financial stocks higher
May 22, 2013
Financial stocks are up on Wednesday as Federal Reserve Chairman Ben Bernanke gives his testimony to Congress, confirms his support for monetary stimulus to help the economic recovery. Read More
from MarketWatch
BNY Mellon Corp , the world's largest custody bank, said it would add up to 100 positions at its wealth management unit, expanding the sales force at the unit by 50 percent in the next two years. Read More
from FOX News
KUALA LUMPUR, May 22 (Reuters) - Long-haul carrier AirAsia X, founded by entreprener Tony Fernandes, has set an indicative price of 1.45 ringgit ($0.48) per share for an initial public offering (IPO)... Read More
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Russian banker has his eye on Europe
May 22, 2013
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companyNews
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Alicia Moy has been named the new president and CEO of Hawaii Gas, effective immediately. Jeffrey Kissel, the previous head of the company, is stepping down to focus more time on his work on economic... Read More
from Financial Content
May 21 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email to moves@thomsonreuters.com. Read More
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companyNews
The financial sector has seen a massive jolt of revitalization in the past year with both regional and the 'too-big-to-fail' banks rallying strongly as housing and the overall economy continue to... Read More
from Forbes Real Time
from ACCESSWIRE
HONG KONG, May 21 (Reuters) - The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey... Read More
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companyNews
NEW YORK, May 20 (Reuters) - The decision by U.S. prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is... Read More
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companyNews
Three Reasons to Buy Bank Stocks
May 20, 2013
Financials are one of the best performing sectors in the S&P 500 this year, and some Wall Street strategists say the banks will continue to outperform, given improving loan fundamentals, attractive... Read More
from CNBC.com News
Morgan Stanley has been sued by an Alabama medical laboratory that claims it steered retirement plan business to ING U.S. Inc and others in exchange for extra fees in an illegal "pay-to-play" scheme. Read More
from FOX News
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Spain's El Corte Ingles to restructure 5 bln euros
May 20, 2013
MADRID, May 20 (Reuters) - Spain's largest department store, privately held El Corte Ingles, said on Monday it had started talks to restructure debt totalling 5 billion euros ($6.43 billion). Read More
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companyNews
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May 20 (Reuters) - Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed. Read More
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companyNews
Final Trade: Your First Move for Monday, May 20
May 17, 2013
from CNBC.com News
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