Morgan Stanley - News, Articles & Research

News

Court dismisses complaints in Morgan Stanley lawsuit

A US federal court has dismissed seven of eight complaints filed against Morgan Stanley in a wrongful dismissal lawsuit brought by the investment bank's former IT manager Arthur Riel.

21 February 2007

News

TSX to undertake $20 million hardware upgrade; Canadian brokers losing out to US in algorithmic arms

The Toronto Stock Exchange (TSX) group has signed a $20 million contract to replace core trading engine hardware with Integrity NonStop servers from HP.

20 February 2007

News

DTCC names Michael Bodson executive MD, business management and strategy

The US Depository Trust & Clearing Corporation (DTCC) has appointed Michael Bodson to the newly created position of executive managing director for business management and strategy.

16 February 2007

News

Nyse fines Morgan Stanley $300,000 for e-trading error

US investment bank Morgan Stanley has been fined $300,000 by the New York Stock Exchange after its order routing system failed to prevent an erroneous transaction to buy $10.8 billion of stocks instead of $10.8 million as intended, causing significant market disruption.

07 February 2007

News

Investment bank consortia sift through technology options

The seven investment banks behind Project Turquoise - a pan-European equities trading platform that will compete with the region's exchanges - have stepped up their search for a vendor to build the system, while the nine-member Project Boat banking collective have settled on Markit and Cinnober as suppliers for a new trade reporting platform for European equities.

22 January 2007

News

Morgan Stanley charged with using 9/11 smokescreen to hide vital e-mail evidence

Morgan Stanley has been charged by securities regulators with falsely claiming that millions of e-mails it possessed had been lost in the 9/11 terrorist attacks on the World Trade Center in New York.

20 December 2006

News

Morgan Stanley to spin off Discover

US investment bank Morgan Stanley is to spin off the Discover credit card business in an effort to enhance shareholder value.

19 December 2006

News

Sainsbury's partners Morgan Stanley for supplier payment system

UK supermarket chain Sainsbury's has teamed with US bank Morgan Stanley to implement a new payment system designed to make it easier and quicker for smaller suppliers to access account information and receive payments.

24 November 2006

News

Investment banks to launch European equities platform; compete with exchanges

A group of seven global investment banks have agreed to establish a pan-European equities trading platform that will compete head-to-head with the region's domestic stock exchanges following the introduction of the EU's Markets in Financial Instruments Directive (MiFID).

15 November 2006

News

Visa and Morgan Stanley settle antitrust dispute

Visa and Morgan Stanley have settled an antitrust dispute which broke out in 2000 when Visa denied the US bank access to its card network in Europe.

06 November 2006

News

Morgan Stanley invests in Bats ECN

Morgan Stanley has become the second Wall Street firm in as many weeks to invest in Missouri-based ECN operator Bats Trading.

05 October 2006

News

Wall Street consortium launches alternative system for block trades

Wall Street banks Citigroup, Goldman Sachs, Lehman Brothers, Merrill Lynch, Morgan Stanley and UBS are banding together to launch Block Interest Discovery Service (Bids), an electronic platform for block stock trading.

27 September 2006