FeaturedTechnologyJP Morgan to launch bitcoin fund for wealthy customersWebAdminApril 28, 2021 by WebAdminApril 28, 2021 Reportedly, the fund will be offered to clients in JPMorgan's private wealth division... Read more
Business LeadersFeaturedMorgan Stanley‘s Gorman’s pay tops JP Morgan CEOInternational Finance Business DeskJanuary 28, 2021 by International Finance Business DeskJanuary 28, 2021 CEO James Gorman has become the top-paid executive in his position with $33 million for 2020... Read more
FeaturedOil & GasSaudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demandInternational FinanceMarch 5, 2020March 18, 2020 by International FinanceMarch 5, 2020March 18, 2020 the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd... Read more
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