Morgan Stanley

ENKRAFT Capital, a top ten shareholder of PNE AG, has intensified criticism of a standing takeover bid for the German renewable firm by a Morgan Stanley-controlled fund, according to a letter seen by Reuters.

Morgan Stanley <MS.N> has usurped rivals including Deutsche Bank, Citigroup, Credit Suisse and Goldman Sachs to lead the relaunch of a $1.45 billion IPO - Hong Kong's second-largest this year - in an unusually brutal shuffling of banks' roles on a big deal.

Morgan Stanley <MS.N> reported a higher-than-expected profit on Thursday, bolstered by strength in bond trading and M&A advisory, but executives were careful not to sound too optimistic about the rest of the year.

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Wall Street was set for a higher open on Thursday, after Britain struck a preliminary last-minute deal with the European Union helping to ease some geopolitical jitters, while upbeat earnings from Netflix and Morgan Stanley affirmed a strong start to the reporting season.

Morgan Stanley beat estimates for quarterly profit on Thursday, buoyed by higher revenue from bond trading and M&A advisory fees.

Germany's PNE AG <PNEGn.DE> has agreed to a takeover offer from Morgan Stanley Infrastructure (MSIP) which values the wind energy project developer at 300 million euros ($330 million), it said on Thursday, drawing criticism from a top shareholder.

Wind energy project developer PNE AG has agreed to be taken over by Morgan Stanley Infrastructure (MSIP) in a deal valuing the company at 300 million euros ($330 million), it said on Thursday.

Alex Ehrlich, co-head of the prime brokerage business at Morgan Stanley <MS.N>, plans to retire at the end of 2019, according to an internal memo seen by Reuters and confirmed by a spokesman.

Alex Ehrlich, co-head of the prime brokerage business at Morgan Stanley, plans to retire at the end of 2019, according to an internal memo seen by Reuters and confirmed by a spokesman.

WeWork's failure to go public is a critical turning point for markets that signals the end of "the days of endless capital for unprofitable businesses," Morgan Stanley Equity Strategist Michael Wilson says.

Morgan Stanley <MS.N> and Bank of America Corp <BAC.N> are expanding the employee-benefits services they offer, hoping to gain market share in the dull-but-reliable business of managing wealth for companies and employees.

Morgan Stanley said on Monday Stephen Luczo, chairman of hard-disk drive maker Seagate Technology Plc, has been named to the Wall Street bank's board of directors.

Three Turkish banks said on Thursday they had mandated Morgan Stanley <MSMSI.UL> as financial adviser for the sale of a special purpose vehicle (SPV) that holds a 55% stake in Turk Telekom <TTKOM.IS>, sending the company's shares up.

Morgan Stanley <MS.N> has hired Jean de Miramon as managing director and head of chemicals banking for EMEA, a spokesman for the U.S. lender said.

Intermediate Capital Group <ICP.L> said on Tuesday it had hired 25-year Morgan Stanley veteran Alan Jones to build a North American private equity business.

Morgan Stanley <MS.N> ranked as the top financial adviser in activist campaigns during the first six months of 2019 while Goldman Sachs <GS.N> and Spotlight Advisors each added clients and tied for second place, according to Refinitiv data.

Morgan Stanley has lowered its oil price forecasts for the rest of the year citing a weaker economic outlook, faltering demand and higher shale growth that could offset OPEC's efforts to support the market.

Morgan Stanley <MS.N> moved closer to taking a controlling stake in its Chinese securities joint venture (JV) after picking up a 2% share for $54 million, exchange filings show.