Morgan Stanley, which employs more than 5000 Canary Wharf workers, has made Goldman Sachs' losses in the last quarter look even more dismal with a $2.2 billion (£1.38 billion) leap in quarterly profit... more
Fresh fears about the health of the world's major banks emerge, with City analysts predicting that there will soon need to be another round of fund-raising to shore up balance sheets... more
PIMCO, the world's top bond fund manager, gained about $50 million on an inflation-related trade that resulted in losses to the trade's counterparty Morgan Stanley... more
Morgan Stanley becomes the latest Wall Street bank to miss profit forecasts, though it did manage to show arch rival Goldman Sachs a clean pair of heels... more
One of Morgan Stanley’s top bankers is moving from New York to London in a clear sign that the City is winning its campaign to prevent a clampdown on the industry by politicians... more
Goldman Sachs’s share of the US equity underwriting market slips to its lowest level for 12 years, suggesting its recent woes could have dented client confidence in the bank... more
The claim made by BP chairman Carl-Henric Svanberg in presenting its results that the oil company believes it was not grossly negligent in the Gulf of Mexico disaster is intriguing... more
On Property: Goldman Sachs is clearly in the naughty corner over its dealings in the US subprime market. But the bank also needs to don the dunce’s cap for its dealings in commercial real estate... more
Given all the rain that has fallen during the past few days, it seems strange that shareholders of the main water utilities are bracing themselves for something of a drought as far as their fortunes are concerned in the years ahead ... more
Morgan Stanley, one of Canary Wharf's biggest employers, said it had set aside $5 billion to pay staff for the third quarter despite a slump in profits from a year earlier... more
Sell into the rally. That is the advice coming out of Morgan Stanley, which today advised clients not to become too bullish because of the recent recovery in global equities
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US banking giant Morgan Stanley posted a loss of $159 million (£97 million) for the second quarter of this year - worse than analysts' forecasts ... more
One of the most high-profile bankers in Asia, Matthew Ginsburg, has resigned from his post running Morgan Stanley’s operations in the region, and is heading to the same role at Barclays ... more
London-based bankers working for America's giant investment banks moved a step closer to seeing bonuses return to normal after another fundraising spree by their employers... more
Morgan Stanley has joined the growing number of brokers warning clients that one of the UK’s best-known retailers will have to cut its dividend next month, with potentially disastrous consequences for the share price
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Property: The contraction in the investment banking trade will see Morgan Stanley move out of a chunk of Canary Wharf, the Docklands financial district where the properties are controlled by its real estate arm Songbird Estates... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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