Morgan Stanley

209 results about this entity

Period: 22 Sep 2004 - 24 May 2024

Bank of America, Credit Suisse and UBS join Opus-5 144A securities platform

Bank of America, Credit Suisse and UBS have joined Opus-5, a bank-backed electronic trading platform for unregistered securities.

Boat gears up for November launch; Turquoise board appointed

Project Boat, the European trade reporting platform that is being established by nine City investment banks, will start reporting two-thirds of the EU's off-exchange share trades when it launches in November.

Morgan Stanley opens carbon bank

US investment bank Morgan Stanley is establishing a "carbon bank" aimed at clients that want to offset their emissions.

Wall Street banks to establish unregistered securities market

Wall Street firms Citi, Lehman Brothers, Merrill Lynch, Morgan Stanley and The Bank of New York Mellon are to jointly establish an electronic trading platform for unregistered securities.

Turquoise launch delayed

Project Turquoise, the bank-backed equities trading platform that will compete head-to-head with domestic stock exchanges in Europe, will not launch until the second quarter of 2008.

Morgan Stanley plans IPO of MSCI subsidiary

US investment bank Morgan Stanley has disclosed plans to sell a minority interest in its risk analytics subsidiary MSCI through an initial public offering (IPO) later this year.

Investment banks to challenge Goldman private trading platform

A group of investment banks including Citigroup, Lehman Brothers Merrill Lynch and Morgan Stanley are developing an electronic trading platform for unregistered securities that will compete with existing systems, such as the one operated by Goldman Sachs, according to a Financial Times report.

Morgan Stanley to create 600 new jobs in Glasgow

Morgan Stanley is to create 600 new jobs in Glasgow, adding to the 770 staff the company already employs in Scotland's largest city.

BNP Paribas buys into Turquoise

French banking group BNP Paribas has acquired a three per cent stake in Turquoise, the bank-backed equities trading platform that will compete head-to-head with domestic stock exchanges in Europe.

Broker research evaluation service launched by TheMarkets.com, Wall Street firms

A full-service broker research evaluation programme called MeritMark is being launched by bank-backed capital markets portal TheMarkets.com in partnership with 12 Wall Street firms.

Morgan Stanley pays $7.9m to settle 'best execution' charges

Morgan Stanley has agreed to pay nearly $7.9 million to settle claims that it failed to provide investors the best prices on stock trades because its automated trading system delayed the execution of orders and altered transaction prices - to the bank’s financial benefit.

Project Turquoise banks select EuroCCP for clearing and settlement

The consortium of seven investment banks behind Project Turquoise - the new pan-European equities trading platform that is being established in response to MiFID - has selected DTCC subsidiary EuroCCP to provide clearing and settlement services for the new venture.

BT Radianz and Colt to provide connectivity to Boat trade reporting platform

BT Radianz and Colt have been selected to provide connectivity and infrastructure hosting services for Project Boat, the European trade reporting platform that is being established by nine City investment banks.

Court dismisses complaints in Morgan Stanley lawsuit

A US federal court has dismissed seven of eight complaints filed against Morgan Stanley in a wrongful dismissal lawsuit brought by the investment bank's former IT manager Arthur Riel.

TSX to undertake $20 million hardware upgrade; Canadian brokers losing out to US in algorithmic arms

The Toronto Stock Exchange (TSX) group has signed a $20 million contract to replace core trading engine hardware with Integrity NonStop servers from HP.

DTCC names Michael Bodson executive MD, business management and strategy

The US Depository Trust & Clearing Corporation (DTCC) has appointed Michael Bodson to the newly created position of executive managing director for business management and strategy.

Nyse fines Morgan Stanley $300,000 for e-trading error

US investment bank Morgan Stanley has been fined $300,000 by the New York Stock Exchange after its order routing system failed to prevent an erroneous transaction to buy $10.8 billion of stocks instead of $10.8 million as intended, causing significant market disruption.

Investment bank consortia sift through technology options

The seven investment banks behind Project Turquoise - a pan-European equities trading platform that will compete with the region's exchanges - have stepped up their search for a vendor to build the system, while the nine-member Project Boat banking collective have settled on Markit and Cinnober as suppliers for a new trade reporting platform for European equities.

Morgan Stanley charged with using 9/11 smokescreen to hide vital e-mail evidence

Morgan Stanley has been charged by securities regulators with falsely claiming that millions of e-mails it possessed had been lost in the 9/11 terrorist attacks on the World Trade Center in New York.

Morgan Stanley to spin off Discover

US investment bank Morgan Stanley is to spin off the Discover credit card business in an effort to enhance shareholder value.