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Mitsubishi Ufj
Latest Headlines
Latest Headlines
Will MF Global fail?
The announcement that John Corzine, coming off of a stumbling political career, would take over as head of MF Global was greeted with enthusiasm back in March 2010. The idea was that a Goldman Sachs guy would bring in new ideas that would embrace some of the magic of his old firm. Corzine inde
Morgan Stanley aims to avert 2008 repeat
Morgan Stanley has learned a lot from the 2008 financial crisis, when it came close to collapsing. The recent swoon in the stock price and widening of CDS spreads rekindled memories of the past crisis, and has kicked executives into overdrive, reports the New York Times .
They are bound and
MUFG aims for long-term relationship with Morgan Stanley
Recall that Mitsubishi UFJ (MUFG) threw Morgan Stanley ( NYSE:MS ) a lifeline back in financial crisis when serious doubts were raised about the U.S. bank's future.
It took a sizable stake in preferred shares--which carried a hefty dividend of 10 percent. That proved to be rather expensive o
Morgan Stanley, "worth more dead than alive"
So just how undervalued is Morgan Stanley (NYSE:MS )? Its shares are down nearly 30 percent from their February peak, and that has got Sanford C. Bernstein & Co. analyst Brad Hintz thinking. After accounting for the planned conversion of Mitsubishi UFJ Financial Group's stake in the firm, h
Morgan Stanley wins praise for MUFJ move
It was big news when Goldman Sachs ( NYSE: GS ) announced it would buy back the $5.5 billion in preferred shares it sold to Warren Buffett at the height of the financial crisis. The face-saving deal was exceedingly expensive for Goldman, as they carried a massive 10 percent dividend, which amoun
Morgan Stanley (MS) Earnings Q1 2010
View MS Q1 Earnings Report
Highlights:
Net revenues of $9.1 billion
Income from continuing operations of $1.03 per diluted share
Includes discrete tax benefit of $0.21 per diluted share
Earnings estimates from TheStreet.com
Key statistics fo
Morgan Stanley, Mitsubishi UFG ink deal
Joint ventures with foreign partners can be really tough. There was a day when the management literature was full of articles exhorting companies to ink such deals. But the reality has not always matched the rhetoric. These days, foreign joint ventures are out of vogue.
So what to make of Morg
A remarkable video of John Mack
John Mack delivered an amazing speech at Wharton and fortunately it has been posted on YouTube. It appears to be a brutally honest look at Morgan Stanley ( MS ) at the nadir of the crisis. It's full of color--his driver sped down a bike lane to make a meeting at the Fed--and information abou
Morgan Stanley launches venture with Japanese bank
Mitsubishi UFJ paid $9 billion for a 21 percent stake in Morgan Stanley last year--which was none too soon for the then-ailing U.S. investment bank. At that point, some thought it might collapse.
But the partnership was always about more than mere rescue. In March they would merge their Japane
Who's paying the most for capital?
The capital raising frenzy that Wall Street embarked on this year has been nothing short of phenomenal, Breakingviews notes that the capital raises took various forms--"an elaborate concoction of preference shares, warrants, convertible bonds, ratchets, cap-and-collars and other innovative ins
