Walid Chammah

THE fourth quarter will prove to be "ugly" for Goldman Sachs Group Inc and Morgan Stanley with meaningful writedowns as markets continue to be challenging, an analyst at J.P. Morgan Securities said.  

Dec. 3 (Bloomberg) -- Morgan Stanley shut its Greek office as it retreats in Europe and the Middle East amid a dearth of investment-banking deals. Business involving Greek companies will be handled out of London, said Hugh Fraser , a spokesman for the company.  

Wall Street analysts expect a tough fourth quarter for Goldman Sachs Group Inc and Morgan Stanley , laden with significant write-downs amid challenging global markets.  

Dec. 3 (Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc. will report fourth-quarter losses after securities markets deteriorated and hedging strategies backfired, analysts at JPMorgan Chase & Co. and Merrill Lynch & Co. said.  

Morgan Stanley faces the challenge of figuring out where to go after declaring itself a bank holding company. Drawing up the road map are its presidents, Walid Chammah and James Gorman.  

Investment funds of Wall Street banks Goldman Sachs and Morgan Stanley and private equity giant Bain Capital plan to invest a combined at least $30 million in a Chinese movie distributor soon, chairman of the ...  

The fourth quarter will prove to be "ugly" for Goldman Sachs Group Inc and Morgan Stanley with meaningful write-downs as markets continue to be challenging, an analyst at J.P. Morgan Securities said.  

Brazil's economy could suffer a contraction during two consecutive quarters at the end of 2008 and beginning of 2009, thus suffering a "technical recession" according to a report form Morgan Stanley released in New York. The US investment bank is the ...  

Morgan Stanley has kept an overweight rating on Aban Offshore with a target price of Rs 1137, reports CNBCTV18.  

HONG KONG, Dec. 3 (Xinhua) -- The global economy was ...  

Last month, hedge fund manager William Ackman's Pershing Square Capital Management took a 7.5 percent stake, or 20080690 shares, in the Chicago-based mall ...  

Morgan Stanley, the US bank and takeover adviser, has surprised by emerging as a substantial shareholder in struggling OZ Minerals., writes Glenn Dyer.  

Morgan Stanley Mutual Fund has announced that the Morgan Stanley Growth Fund in India, a close ended equity oriented fund is set to open end from January 2009.  

Morgan Stanley (MS) is down to its last $36 billion - a bit more than most of us have sloshing around in our checking accounts but a good deal less than the $800 billion or so the company had on hand before the credit crunch.Morgan converted to a bank holding company 2 months ago and is currently...  

Morgan Stanley is revving up its push into retail banking, two months after converting to a bank-holding company, reports the WSJ. The bank is considering various scenarios to increase deposits, including acquisitions of regional banks with a customer base that overlaps with Morgan Stanley's...