Morgan Stanley News

Shares of leading U.S. bank Citigroup Inc. fell more than 8% in early trade on extremely heavy volume.

Lloyd Blankfein, Chairman and CEO of Goldman Sachs during an interview with Fortune's Andy Serwer in New York City, October 16, 2009.

JP Morgan Chase , Bank of America and Citigroup are offering new collateralized loan obligations following a record rally this year in the debt, Bloomberg reports.

Meredith Whitney , the analyst known for correctly predicting Citigroup Inc.a s dividend cut last year, reduced earnings estimates for Goldman Sachs Group Inc.

John Mack , Morgan Stanleya s chairman and chief executive officer, wona t accept a bonus for a third straight year amid predictions his bank will report an annual loss and public pressure to rein in Wall Street pay.

The U.S. brokerage watchdog is probing how Wall Street firms, including JP Morgan Chase and Citigroup Inc, offer stock research, two people familiar with the probe said on Friday.

In the lucrative business of underwriting and selling company stock, J.P. Morgan led the world's banks this year, earning an estimated $2.2 billion in fees, or nearly double what it hauled from the deals last year.

Stocks fell on Thursday as the dollar's rebound spurred a safe-haven trade, cutting demand for riskier assets, while a soft profit outlook from economic bellwether FedEx sank transportation shares.

Aveo Pharmaceuticals Inc. , a developer of potential cancer therapies, has filed paperwork to potentially raise up to $86.3 million through an initial public stock offering.

Morgan Stanley , the securities firm that spent more than $8 billion on commercial property in 2007, plans to relinquish five San Francisco office buildings to its lender two years after purchasing them from Blackstone Group LP near the top of the market.

China stocks are headed for a a oeboom and busta in 2010 because a rally in the first half may stall as inflation accelerates and the government withdraws some stimulus, Morgan Stanley said.

Its not just Wells Fargo & Co. that stands to benefit from making an exit from the government's Troubled Asset Relief Program.

CME Group has started clearing credit default swaps through CME Clearing , CME Group reports.

Wells Fargo & Co. is the last major U.S. bank without an agreed plan to return money it got last year from the Troubled Asset Relief Program, after rival Citigroup Inc.

Livedoor Co., the Japanese Internet service provider whose founder Takafumi Horie faces prison for inflating profits, is providing a payday for Morgan Stanley , Goldman Sachs Group Inc.

Richard Parsons, Lloyd Blankfein and John Mack couldn't make banker-bashing president's White House gathering; "inclement weather" cited as excuse.

Morgan Stanley today announced that Gregory J. Fleming, 46, will join the Firm as President of Morgan Stanley Investment Management, including Merchant Banking.

Morgan Stanley said it named Colm Kelleher and Paul J. Taubman as its co-presidents of institutional securities.

Royal Bank of Scotland and Sempra Energy are seeking to sell their joint commodities-trading venture, The Wall Street Journal reports.

Morgan Stanleya s James Gorman , set to be promoted to chief executive officer at yeara s end, may unveil management changes including a new role for Chief Financial Officer Colm Kelleher , said a person familiar with the matter.