Don’t cry for Aberdeen Asset Management but Argentina’s currency issues sent it falling yesterday.
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Saturday 01 January 2011
After a year to forget for its publicity department, business is as brisk as ever at Goldman Sachs which was set to finish 2010 as the top global adviser on takeover deals.
Wednesday 17 November 2010
In a tough day for the blue-chip index, Standard Life found itself among the major fallers as only seven companies on the FTSE 100 managed to post a gain.
Wednesday 10 November 2010
Aldermore, one of a bevy of new banking groups in Britain, yesterday signalled its intent by appointing former Emap group managing director Sir David Arculus as its new chairman.
Thursday 21 October 2010
Morgan Stanley slumped to a surprising third-quarter loss yesterday, thanks in part to writedowns on the stalled Revel Casino project in Atlantic City, New Jersey.
Thursday 02 September 2010
The Accident Exchange, the troubled provider of courtesy cars to crash victims, is heading for a future as a private company after announcing plans yesterday to delist its shares as part of a refinancing deal with its bankers.
Tuesday 24 August 2010
Thursday 12 August 2010
Minerva called an emergency shareholder meeting yesterday as it tried to stave off efforts by its biggest investor to oust the chief executive and chairman. It said the challenge was a smokescreen concealing an attempt to gain control of the property group.
Friday 06 August 2010
US financial reforms are forcing a rethink at Wall Street's biggest banks, with Goldman Sachs and Morgan Stanley expected to shake up their businesses in light of the bill which was signed in law by President Barack Obama last month.
Thursday 05 August 2010
Prospective new Liverpool owner Kenny Huang has refused to comment on claims his buy-out is backed by the Chinese government.
Thursday 22 July 2010
Morgan Stanley bested its arch-rival Goldman Sachs in the past three months, better weathering the tough trading environment and recording higher profits across the company.
Thursday 08 July 2010
Saturday 26 June 2010
Retailers reacted with dismay to the VAT increase announced by the Chancellor's in Tuesday's emergency Budget. They felt further pain on the market yesterday as Morgan Stanley said investors should head for the exits.
Wednesday 09 June 2010
Parts of the mining sector stood firm last night, with bargain hunters helping Anglo American and Xstrata avoid another market sell-off.
Thursday 22 April 2010
Morgan Stanley recorded soaraway profits from its trading desks in the first three months of this year, meaning even one of the more cautious investment banks has restored its fortunes after the credit crisis.
Tuesday 30 March 2010
The US government's $32bn stake in the banking giant Citigroup is back on the block and will be sold into the market over the course of this year, the Treasury Department declared yesterday.
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