Morgan Stanley

Morgan Stanley has launched five structured products, including a global infrastructure plan.

Plans for more than eight million sq ft of speculative office buildings, including the Cheesegrater skyscraper, could be shelved as the financial sector retrenches and cuts its demand for space in the City of London, according to The Times .

Underwriters are stuck with almost £2.6bn of HBOS stock after failing to offload the remaining shares in the lender's £4bn rights issue.

Fidelity International has poached Morgan Stanley investment veteran Dermott Whelan to run its European equity multimanager portfolios.

Merrill Lynch is set to be the latest US investment bank to take on a foreign capital injection.

Barclays has launched a $400m-plus legal action against Bear Stearns, accusing its Wall Street rival of fraud over the collapse of two hedge funds earlier this year, The Independent reports.

Ahead of a decision today on US interest rates, American financial giant Morgan Stanley has predicted the economy is heading for recession.

The City was caught on the hop yesterday after it emerged one member of the Bank of England's Monetary Policy Committee voted for a cut in interest rates this month and no one wanted an increase, reports the Independent .

Not sure if it's just me that has a good laugh about this, but I've managed to spend an amusing late morning musing on the latest results announcements from Aviva and Standard Life.

Although I agree with the regulators move to lighter touch and principle-led compliance, I sometimes miss the old style heavy-handed compliance regime with thousands of pages of rules and guidance to read.