Tag Archives: Morgan Stanley
A tall order in FICC at Morgan Stanley
Ambition should be applauded, but only so long as it stays on the right side of achievable. James Gorman must be getting tired of being asked about his fixed income business. At this week’s shareholder meeting, the chairman and chief … Continue reading
Proprietary trading is dead. Long live proprietary trading?
Whatever else you might say about investment banks, please don’t mention the “p” word. Not “p” for pay, but “p” for proprietary trading. My latest column for Financial News. As the debate over the future of the “p” word rumbles … Continue reading
Transparency and the House(s) of Morgan
Transparency is Wall Street’s version of Kryptonite. If you take away the informational advantage that investment banks have over their clients and shareholders, then you take away their already diminished ability to print money. My latest column for Financial News. … Continue reading
Investment banks get their house in order
First quarter results reveal impact of regulatory pressure on banks to raise RWAs and equity – with a numbing effect on profitability. My latest column for Financial News A good spring clean is always cathartic. Nowhere more so than at … Continue reading
The resurrection of Morgan Stanley?
In a buoyant first quarter Morgan Stanley’s institutional securities division posted the best performance of the big US investment banks Welcome back, Morgan Stanley. In a buoyant first quarter for US investment banks, perhaps the biggest surprise, along with the … Continue reading
Old bankers never die… they simply come back for more
My latest column for Financial News on how the blasts from the past make for slightly uncomfortable reading. There has been a distinct blast from the past in recent weeks, with many of the names that we haven’t heard from … Continue reading