Investment Banking and Securities Dealing
Morgan Stanley lifted by new business
Jul 21, 2010 15:34 EDT
NEW YORK (Reuters) - Has Morgan Stanley <MS.N> finally turned the corner? It's starting to look that way.
Morgan Stanley profits surge
Jul 21, 2010 12:29 EDT
Top US bank Morgan Stanley on Wednesday said profits surged to 1.96 billion dollars in the second quarter.
Wells, U.S. Bancorp see some recovery
Jul 21, 2010 11:49 EDT
NEW YORK (Reuters) - Wells Fargo & Co <WFC.N> and US Bancorp, <USB.N> two of the largest banks in the United States, said rising loan demand helped lift their earnings more than analysts had expected.
Morgan Stanley profits surge
Jul 21, 2010 11:11 EDT
Top US bank Morgan Stanley on Wednesday said profits surged to 1.96 billion dollars in the second quarter.
Morgan Stanley reverses losses
Jul 21, 2010 10:32 EDT
Top US bank Morgan Stanley on Wednesday reported earnings of 1.96 billion dollars in the second quarter, reversing losses of a year ago.
Morgan Stanley reverses losses
Jul 21, 2010 09:17 EDT
Top US bank Morgan Stanley on Wednesday reported earnings of 1.96 billion dollars in the second quarter, reversing losses of a year ago.
Analysts say some European banks will fail stress tests
Jul 21, 2010 08:41 EDT
Analysts expect some European banks to fail so-called stress tests when results are published on Friday, and question whether the tests themselves will suffice to calm financial markets.
Oil price firm before weekly US energy report
Jul 21, 2010 07:48 EDT
World oil prices rose on Wednesday as many traders stayed on the sidelines ahead of a closely-watched inventory report on US energy supplies, analysts said.
SEC knew about repos accounting before Lehman: report
Jul 21, 2010 07:27 EDT
(Reuters) - The U.S. securities regulator was aware of Wall Street's potentially questionable accounting practice of classifying repurchase agreements as sales instead of borrowings long before the collapse of Lehman Brothers raised the issue, the Wall Street Journal reported on Wednesday.
Oil price firm before weekly US energy report
Jul 21, 2010 06:18 EDT
World oil prices rose slightly on Wednesday as many traders stayed on the sidelines ahead of a closely-watched inventory report on US energy supplies, analysts said.
Oil price firm before weekly US energy report
Jul 21, 2010 05:43 EDT
World oil prices rose slightly on Wednesday as many traders stayed on the sidelines ahead of a closely-watched inventory report on US energy supplies, analysts said.
Goldman earnings fall on trading slump and charges
Jul 20, 2010 17:00 EDT
NEW YORK (Reuters) - Goldman Sachs <GS.N> could turn out to be a mere mortal after all.
On The Call: Goldman CFO talks about risk aversion
Jul 20, 2010 14:50 EDT
On The Call: Goldman's chief financial officer says clients' risk aversion slows business. Goldman Sachs Group Inc. reported a steep drop in second-quarter profit Tuesday.
Goldman Sachs profits fall 82 percent
Jul 20, 2010 08:49 EDT
Investment giant Goldman Sachs on Tuesday said its profits fell 82 percent in the second quarter of the year against the same period last year.
Goldman exec Fabrice Tourre denies wrongdoing
Jul 19, 2010 20:39 EDT
Goldman vp asks judge to dismiss civil case brought by SEC over mortgage-related investments. A Goldman Sachs & Co. vice president accused of shepherding a deal at the heart of civil fraud charges against the investment bank is asking the court to dismiss a case filed against him by Wall Street regulators.
Innkeepers USA Trust seeks bankruptcy protection
Jul 19, 2010 15:14 EDT
Extended-stay hotel operator Innkeepers USA Trust files for Chapter 11 bankruptcy protection. Innkeepers USA Trust filed for Chapter 11 bankruptcy protection Monday, outlining a plan that would give one of the extended-stay hotel operator's major creditors substantially all of the equity in the company.
Investors show strong interest in eurozone debt
Jul 19, 2010 10:32 EDT
Foreign investors have jumped back into eurozone debt instruments despite the region's deficit and debt crisis, European Central Bank data showed on Monday.
U.S. bank results portend investment bank woes
Jul 16, 2010 19:25 EDT
NEW YORK (Reuters) - It was a quarter that left investment banking businesses, the once-vaunted profit engines of Wall Street, sputtering.
Bank of America, Citi results show hurdles ahead
Jul 16, 2010 17:17 EDT
CHARLOTTE, N.C./NEW YORK (Reuters) - Bank of America and Citigroup shares fell as the banks' results highlighted the sluggishness of the U.S. economic recovery and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.
Bank of America, Citi results show hurdles ahead
Jul 16, 2010 17:17 EDT
CHARLOTTE, N.C./NEW YORK (Reuters) - Bank of America and Citigroup shares fell as the banks' results highlighted the sluggishness of the U.S. economic recovery and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.
