Morgan Stanley
Musk’s Twitter deal deemed the ‘worst in Wall Street since financial crisis’
Seven lenders including Barclays and Morgan Stanley provided $US13 billion ($19.3 billion) in financing for the billionaire’s Twitter takeover. They’re still sitting on the debt two years later.
- by James Titcomb
Latest
Sponsored
Bulls N' Bears
Raiz-ing the savings bar with a virtual coin jar
By converting the coin jar savings method into online investing, Raiz Invest is helping thousands of people prepare for a more sturdy financial future.
- by James Pearson
Enter Dojo: Tesla’s AI supercomputer could be a $777b game changer
Tesla shares have soared after a bullish report from Morgan Stanley about the company’s planned Dojo supercomputer.
- by Abhishek Vishnoi and Subrat Patnaik
The $3.5 trillion Australian prize that has Wall Street salivating
Morgan Stanley chief James Gorman has been tapping his Australian roots to access one of the world’s fastest-growing corners of global capital.
- by Richard Henderson and Amy Bainbridge
Australian banks’ ‘consistently high’ NZ profits face new inquiry
The profitability of the big four banks’ New Zealand businesses will go under the microscope as part of a new inquiry launched by the NZ government.
- by Clancy Yeates
Opinion
Executive shake-up
The Aussie who turned Morgan Stanley into a ‘killer machine’
James Gorman will exit as Morgan Stanley CEO within a year after more than a decade in charge. After having a front-row seat during the GFC, the dealmaker has transformed the financial giant.
- by Lananh Nguyen
Big Oil cashes in on ‘golden age of free cash flow’
Combined, the biggest Western oil companies are forecast to have made adjusted net income of $US36.5 billion ($54.6 billion) in the first quarter of 2023, according to data compiled by Bloomberg.
- by William Mathis and Kevin Crowley
Morgan Stanley chief says banks need tougher oversight
Australian James Gorman, global boss of Morgan Stanley, has backed rigorous oversight to limit banking crises and bankers’ poor decisions.
- by Clancy Yeates
Exclusive
Australian cricket
US banking giant involved in cricket’s privatisation pitch
American investment banking giant Morgan Stanley is part of Australian cricket’s bid to explore a privatisation model that would fundamentally reshape the game’s finances.
- by Daniel Brettig
Which crisis? Wall Street’s big banks score $US1 trillion of profit in a decade
In a time marked by public anger at banks, tougher rules, geopolitical havoc, the pandemic and some treacherous market swings, the six giants of US banking have not only survived, but pulled in their biggest profits ever.
- by Max Abelson and Hannah Levitt
Elon Musk says he has $63 billion in financing ready now to buy Twitter
The Tesla billionaire says he has lined up $US46.5 billion ($63 billion) in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal.
- by Tom Krisher and Matt O'Brien
Original URL: https://www.smh.com.au/topic/morgan-stanley-1mv6