Morgan Stanley plans more job cuts—US media
NEW YORK, USA—Morgan Stanley is planning to cut more jobs after reporting a drop in profit during the first three ...
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Archegos fiasco deals $10-billion blow to large banks
Tokyo—Global bank losses from the collapse of US hedge fund Archegos jumped past $10 billion on Tuesday as Japan’s Nomura ...
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Hong Kong tracker fund stops investing in China firms on US ban list
Hong Kong's original stock market tracker said Monday it would make no new investments in firms listed by Washington as ...
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Frankfurt attracts London banks
Hubertus Vaeth was considered crazy when he launched a Frankfurt initiative to lure banks there after Brexit. “Are you nuts? ...
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Britain’s financial sector fears volatility, loss of clients on no-deal Brexit
London—Britain’s financial sector is watching nervously as the prospect mounts of a “no-deal” Brexit, stoking fears of lost clients and ...
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Converge ICT hires four banks to plan P35-b IPO
Fiber internet company Converge ICT Solutions Inc. hired four banks to arrange a P35-billion initial public offering this year, sources ...
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PAL expects to get new investor in first half
Philippine Airlines said Tuesday it expects to close a deal with a strategic investor in the first half, as it ...
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PAL, partner to strike deal
Philippine Airlines expects to close a deal with a strategic investor this year, ahead of the original target of 2018, ...
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Morgan Stanley sees US dollar dropping 5%
The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn’t raising interest rates ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.