Morgan Stanley to sell Discover
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US investment bank Morgan Stanley is to sell off its credit card unit, Discover after posting better than expected results.
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Morgan Stanley's  real estate unit said on Thursday it would buy Australia's Investa Properties Ltd.  for A$4.7 billion (US$3.9 billion), the latest in a string of property takeovers by the U.S. investment bank.
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Bank of New York Co.  said on Monday it will buy Mellon Financial Corp.  for $16.5 billion, combining two storied names in American finance to create a powerhouse in asset management and custody services for institutional investors.
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Bank of New York Co.  on Monday agreed to buy Mellon Financial Corp. , one of the most storied names in American finance, for $16.5 billion, creating a powerhouse in asset management and in providing custody services to institutional investors.
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US investment bank Morgan Stanley (MWD.N: Quote, Profile, Research) on Wednesday said quarterly profit dropped by a third on sharply lower bond trading revenue
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NEW YORK (CBS.MW) -- JPMorgan Fleming Asset &amp; Wealth Management, a unit of JP Morgan Chase, said Monday it&#39;s buying a majority stake in hedge fund manager Highbridge Capital Management.
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Morgan Stanley unveils a $9.4bn write-down and sells a $5bn stake to a Chinese sovereign wealth fund.
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JP Morgan to take 50 pct stake in Cazenove -report Sun Oct 10, 2004 05:18 PM ET LONDON, Oct 10  - U.S. bank J.P. Morgan Chase & Co.(JPM.N: Quote , Profile , Research ) has agreed in principle to buy a ...
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Aug. 20 (Bloomberg) -- Anadarko Petroleum Corp., whose new chief executive is shedding the company&#39;s least promising assets to cut debt, agreed to sell Gulf of Mexico properties to Apache Corp. and Morgan Stanley Capital Group Inc. for $1.31 billion.
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Discover Financial Services, a credit card company spun off from Morgan Stanley at the end of June, said on Tuesday that third-quarter profit fell, hurt by rising marketing expenses.
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Morgan Stanley's  real estate unit agreed to buy Australia's Investa Properties Ltd.  for A$4.7 billion ($3.9 billion) on Thursday, the nation's third-largest property trust takeover.
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Morgan Stanley  said on Monday  it has acquired China's Nan Tung Bank, a deal that would give  the Wall Street giant a coveted onshore commercial banking  license in China ahead of U.S. investment bank rivals.
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Morgan Stanley  on Wednesday  said it has suffered a $3.7 billion loss stemming from its U.S.  subprime mortgage exposure, which it expects will reduce  fourth-quarter earnings by about $2.5 billion.
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Stricken British bank Northern Rock said Friday it had sold part of its mortgage book to US investment bank JP Morgan for 2.25 billion pounds (4.39 billion euros, 2.97 billion dollars) in cash.
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Blog: In an acquisition announcement-heavy day, the auction giant reports it has coughed up $75 million for the "discovery" service.
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Morgan Stanley , the second-largest investment bank by market value, said on Tuesday it would spin off its Discover credit-card division as quarterly profit fell 11 percent.
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Morgan Stanley said it will close its business in Britain that issues home loans and significantly curb its mortgage business in the United States.