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Morgan Stanley names veteran banker as Mena headMorgan Stanley named veteran banker Sammy Kayello as the chief executive and chairman of its business in the Mena replacing Kamal Jabre who is relocating to London for a senior investment banking role. Kayello, who was in charge o More… |
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Credit Suisse acquires Morgan Stanley unitCredit Suisse has signed an agreement to acquire Morgan Stanley’s wealth management businesses in Europe, Middle East and Africa (EMEA), excluding Switzerland. The businesses with a More… |
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Morgan Stanley income hits new highMorgan Stanley's quarterly earnings beat analysts' expectations by a wide margin, helped by a big jump in trading revenue, and the bank said it was ready to deliver better returns to shareholders. The Wall Street bank also More… |
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Morgan Stanley to trim Dubai staffMorgan Stanley, the sixth-largest US bank by assets, is trimming staff at its Dubai office, mainly by cutting jobs in its equities division, as part of a global plan to reduce costs, three sources aware of the matter said. More… |
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Morgan's Mena M&A head to quitMorgan Stanley's head of mergers and acquisitions for the Mena region is leaving the bank, three sources said, the latest in a string of high-level banking departures from the Gulf region. P More… |
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Qatar seriously studying M Stanley investmentQatar is studying a proposal to invest in the commodities trading arm of US investment bank Morgan Stanley, its prime minister said on Monday. "We probably need a few more weeks to review the details, but we are looking at it More… |
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Goldman, Morgan lose top Qatar bankers to local firmsMorgan Stanley and Goldman Sachs Group have lost their two top Qatar executives to local firms, three sources said on Monday, as the gas-rich Gulf state lures back high-profile citizens with better pay and prospects. The recruitme More… |
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Morgan Stanley commodities talks with Qatar hit snagMorgan Stanley's talks with Qatar's sovereign wealth fund over the sale of its commodities business have run into difficulty, and the deal may need to be reworked if it is to go ahead, banking sources said. One of the top More… |
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Morgan quits Iraq Asiacell IPO roleMorgan Stanley has ceased to be a bookrunner on Iraqi telecommunications firm Asiacell's initial public offer of shares, a source said, signalling the IPO will increasingly rely on local investors. Morgan Stanley will advise A More… |
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Morgan Stanley upgrades STC to overweightMorgan Stanley said it expects Saudi Telecom Co's (STC) earnings momentum to improve as domestic revenues stabilize, and upgraded the stock saying the company could boost dividend payout as early as next year. Morgan Stanley upgraded S More… |
