Morgan Stanley

Egyptian pound to be devalued in September/October: Morgan Stanley
Business

Egyptian pound to be devalued in September/October: Morgan Stanley

US investment bank Morgan Stanley anticipates that the Egyptian pound’s exchange rate against foreign currencies will further decline during September…
Facebook soothes market nerves with user experience promise
World

Facebook soothes market nerves with user experience promise

Shares in Facebook Inc (FB.O) jumped 2.4 percent to a record high in premarket trade on Thursday, an almost 50…
Dollar set for biggest weekly drop in four weeks
Business

Dollar set for biggest weekly drop in four weeks

The dollar edged higher on Friday as an overnight spike in US Treasury bond yields prompted some investors to buy…
OPEC, hedge funds and the Sistine Chapel
Business

OPEC, hedge funds and the Sistine Chapel

It was an unconventional venue for an unusual encounter: in the Vatican’s Sistine Chapel in the summer of 2016, OPEC’s…
Saudi Aramco formally appoints banks to advise on share sale
Business

Saudi Aramco formally appoints banks to advise on share sale

Saudi Aramco has formally appointed JPMorgan Chase & Co, Morgan Stanley and HSBC as international financial advisers for its initial…
Saudi Aramco taps JPMorgan, Morgan Stanley for IPO, HSBC a contender: source
Business

Saudi Aramco taps JPMorgan, Morgan Stanley for IPO, HSBC a contender: source

Oil giant Saudi Aramco has asked JPMorgan Chase & Co and Morgan Stanley to assist with its upcoming mammoth IPO…
Four US investment banks offer support for London after Brexit vote
Business

Four US investment banks offer support for London after Brexit vote

Four U.S. investment banks promised British finance minister George Osborne on Thursday that they would try to help London keep…
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