Tag: MS

MS
Wednesday, September 1st 2010 - 19:34 UTC

Chinese sovereign fund takes control of 10% of Morgan Stanley’s

CIC already holds 2.49% of Morgan Stanley common stock

The U.S. Federal Reserve Board announced it has approved the application by China Investment Corporation (CIC) to buy up to 10% of voting shares of investment giant Morgan Stanley.

Friday, May 14th 2010 - 04:05 UTC

US Looking into Possible Banks-Credit Rating Agencies Collusion

Manipulations to gain better ratings for risky securities

Eight banks are facing a US investigation into the rating of their mortgage products, the BBC understands. New York Attorney General Andrew Cuomo is looking at whether the relationship between the banks and credit rating agencies was manipulated to gain better ratings for risky securities.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement