BankingFeaturedMorgan Stanley to acquire online trading firm Etrade for $13 bnInternational FinanceFebruary 24, 2020March 18, 2020 by International FinanceFebruary 24, 2020March 18, 2020 The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors... Read more
FeaturedOil & GasPetrobras hires 7 banks to sell stakes in fuel distribution unitPritam BordoloiJanuary 30, 2020March 10, 2020 by Pritam BordoloiJanuary 30, 2020March 10, 2020 Morgan Stanley, JPMorgan Chase and Goldman Sachs are among the banks hired for the stake sale in Petrobras Distribuidora... Read more
Asset ManagementFeaturedWealth managementMorgan Stanley aims to boost its wealth management staff strength in AsiaInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 The US investment banking giant declared that it touched a milestone in profit last year, owing to its wealth business that contributes to over 50 percent of its earnings.... Read more
Oil & GasAramco to pay up to $450 mn as fees to IPO advisorsPritam BordoloiOctober 17, 2019 by Pritam BordoloiOctober 17, 2019 Book runners JP Morgan and Morgan Stanley to be paid the highest IPO fees by Aramco... Read more
BankingDBS Bank working with advisor for Bank Permata acquisitionInternational Finance DeskOctober 10, 2019 by International Finance DeskOctober 10, 2019 It would be DBS’ second attempt to acquire an Indonesian bank... Read more
Oil & GasSaudi Aramco to publish IPO prospectus by month-endPritam BordoloiOctober 9, 2019December 2, 2019 by Pritam BordoloiOctober 9, 2019December 2, 2019 The prospectus will be published in Arabic on October 25 and then in English two days later... Read more
AviationMalaysia Airlines merger could hit Malaysia AirAsia XPritam BordoloiSeptember 27, 2019November 1, 2019 by Pritam BordoloiSeptember 27, 2019November 1, 2019 The newly merged entity will see less competition, particularly from the mid-haul segment... Read more
Asset ManagementBrazil fund manager XP Investimentos for January US IPOPritam BordoloiSeptember 13, 2019November 4, 2019 by Pritam BordoloiSeptember 13, 2019November 4, 2019 Hires investment banks such as JP Morgan, Goldman Sachs, and Morgan Stanley to manage IPO... Read more
In the NewsCiti, Goldman Sachs, HSBC and Samba likely to be part of Aramco IPOInternational Finance DeskSeptember 9, 2019December 12, 2019 by International Finance DeskSeptember 9, 2019December 12, 2019 JP Morgan might win the lead advisory role for Aramco’s IPO transaction... Read more
FinanceMorgan Stanley is most profitable investment bank in JapanInternational Finance DeskAugust 28, 2019December 23, 2019 by International Finance DeskAugust 28, 2019December 23, 2019 Investors’ demand for overseas bonds is a major factor behind the growth in earnings... Read more