DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Banks - 1 Wells - 1 Morgan Stanley - 1 Morgan Stanley's dealmaking - 1 Tomasz Piskorski - 1 Piskorski - 1 Jim Cramer - 1 Morgan - 1
Top related locs:
Wells CRE U.S Wells Fargo South Lake Seattle , Washington
Top related orgs:
Columbia Business School - 1 Federal Reserve - 1 CNBC - 1 That's - 1 Semiconductor - 1 Arm Holdings - 1 Rivian - 1 IB - 1

Search resuls for: "Morgan Stanley's dealmaking"


2 mentions found


☆ What a stressed commercial real estate market means for these exposed bank stocks
  + stars: | 2023-09-27 | by ( Morgan Chittum | ) www.cnbc.com   time to read: +9 min
Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. Commercial real estate landscape Higher interest rates, tightening credit conditions and elevated office vacancies are weighing down the estimated $21 trillion commercial real estate sector . A lagging commercial real estate market can strain a bank's capital reserves while a stronger market can boost incomes from lending and fees. While there's reason for concern in the broader commercial real estate market, we see the most pronounced challenges unfolding in offices. CEO Charlie Scharf said the bank sustained "higher losses in commercial real estate, primarily in the office portfolio."
Persons: Banks, Wells, Morgan Stanley, Morgan Stanley's dealmaking, Tomasz Piskorski, Piskorski, Jim Cramer, Morgan, deteriorations, Tailwinds, JPMorgan Chase, Wells Fargo, Michael Santomassimo, Charlie Scharf, Jeff Marks, Wells Fargo execs, Santomassimo, Jim Cramer's, Jim, Collin Madden, Karen Ducey Organizations: Columbia Business School, Federal Reserve, CNBC, That's, Semiconductor, Arm Holdings, Rivian, IB, Barclays, JPMorgan, GEM, Estate Partners, South Lake Union Locations: Wells, CRE, U.S, Wells Fargo, South Lake, Seattle , Washington
☆ Morgan Stanley's dealmaking CEO Gorman signals more purchases to come
  + stars: | 2023-04-19 | by ( Saeed Azhar Tatiana Bautzer | Saeed Azhar | Tatiana Bautzer | ) www.reuters.com   time to read: +3 min
Gorman has transformed the Wall Street powerhouse into a more diversified firm that is less reliant on its traditional strengths -- trading and investment banking -- since taking the helm in 2010. He was also the key architect behind Morgan Stanley's purchase of Smith Barney, a brokerage and investment adviser that became a cornerstone of the bank's wealth management arm. Morgan Stanley's profit beat expectations as rising revenue from wealth management in the first quarter offset declines in investment banking and trading. Wealth management accounted for 45% of firm's revenue, the results showed. Despite strains at some U.S. banks, Gorman said the industry is not in a banking crisis, nor was it facing problems comparable to the mortgage crash in 2008.
0 next >>
Total: 2