Mail & Guardian
Mail & Guardian
morgan stanleylatest news & developments
Lebo Madiba, founder and managing director of reputation management agency PR Powerhouse. Photo: Jeremy Glyn

Ethical business practice in demand

Millennials are actively supporting businesses with sound ESG principles, and boycotting those without

Protests: Turkey has seen opposition to the country’s declaration of   ‘an economic war of independence’ by refusing to rein in inflation using higher interest rates and other measures.  (Yasin Akgul/AFP/Getty)

Lessons from Turkey to SA: Economic independence is a battle

Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets

Tesla has continued to express support for Elon Musk, saying the company and its directors “are fully confident in Elon, his integrity, and his leadership.” (Joe Skipper/Reuters)

Automaker Tesla to remain a public company, CEO Musk says

Elon Musk says the company would continue to be publicly traded, weeks after suggesting that he would take the pioneering electric carmaker private

Record tumble in Japan output signals dismal GDP

Japanese industrial production fell 9,6% in December and core inflation almost evaporated, reinforcing expectations of a record economic contraction.

Job losses prompt action

Policymakers facing mounting job losses prepared new measures to ease the pain on Monday.

Small US banks wary over bailouts

Smaller US banks have objected that they could be vulnerable to government-funded predatory takeovers as their larger rivals enjoy cash injections.

Mitsubishi buys stake in Morgan Stanley

Mitsubishi UFJ Financial Group has bought a 21% stake in Wall Street bank Morgan Stanley for $9-billion, the companies said on Monday.

Global rout, bank woes shake Wall Street

United States stocks tumbled on Friday, sending the benchmark S&P 500 below 900 for the first time in five years.

Debt rescue efforts spark rally on global markets

A US government promise to rescue Wall Street from its debt crisis and global central bank intervention spurred a mass market rally on Friday.

Wall fall down

Who’s to blame? Indebted Americans? Alan Greenspan? Slack credit rating agencies? Greedy and overpaid chief executives?

US announces plan to ease financial crisis

The US said on Thursday it was putting together a rescue plan to clear away the bad debt that has caused the worst financial crisis in decades.

Morgan Stanley in talks as fear grips financials

Morgan Stanley topped the list of major financial firms scrambling to find a buyer on Thursday amid panicked stock and money markets.

Central banks join forces to add dollar funds

Global central banks clubbed together on Thursday to add extra dollar funds to global money markets in a bid to bring down high market interest rates.

World finance firestorm outpaces firefighters

Morgan Stanley became the next great Wall Street name in peril on Thursday with reports it was in talks to be bought by Wachovia Corporation.