Morgan Stanley's and other banks' deep dive into the oil and metal markets might be adding risk to the financial system, and it may be tough for them to get out.
FORTUNE -- Every day a wholly owned subsidiary of Morgan Stanley pumps 300,000 barrels of gasoline from its 49 terminals (a fraction of their total storage capacity of 26.7 million barrels) into trucks to be delivered around the country. It's MOREStephen Gandel, senior editor - Jul 31, 2013 12:19 PM ET
Fed votes to up the amount of capital banks have to have to cover loan losses, but leaves rules for subprime mortgages mostly in place.
FORTUNE -- The Federal Reserve voted Tuesday to approve rules that will require banks to hold more capital against the loans they make or risky assets they buy. The rules, proposed in the Dodd-Frank banking reform law, are a result of the financial crisis, when a MOREStephen Gandel, senior editor - Jul 2, 2013 10:18 AM ET
CEO James Gorman has defied predictions that he would be forced out of the firm and has nearly pulled off an amazing turnaround.
FORTUNE -- Nearly a year ago, James Gorman sat in a chair on his firm's trading floor, clipped on a microphone and stared into a camera. For Morgan Stanley's CEO, it was Facebook judgment day.
Next to him was CNBC's Maria Bartiromo. Gorman had agreed to the interview weeks before, MOREStephen Gandel, senior editor - May 17, 2013 11:05 AM ET
Twitter hired a Morgan Stanley banker, but it's more about M&A than IPO.
FORTUNE -- Twitter revved up IPO rumors last week, by announcing that it had hired Morgan Stanley banker Cynthia Gaylor as head of corporate development. But there may be less here than meets the eye.
To be sure, the speculation is understandable. Gaylor worked on numerous tech transactions during her seven years at Morgan Stanley (MS), including the Facebook's (FB) initial public MOREDan Primack - May 6, 2013 1:04 PM ET
Citigroup, Goldman Sachs, and Morgan Stanley preach caution, even as their bankers return to pre-crisis deals.
FORTUNE -- On Citigroup's recent conference call, CEO Michael Corbat said he was still worried about the economic recovery and the market.
"Looking ahead, I believe the environment is going to remain challenging," Corbat told his bank's investors. "Europe's issues, as the situation in Cyprus shows, still have the potential to rattle the markets and impact MOREStephen Gandel, senior editor - Apr 24, 2013 10:15 AM ET
The Federal Reserve bank stress test suggests a Goldman risk measure may be misleading.
FORTUNE -- In the last year or so, Goldman Sachs executives have tried to portray their firm, often seen as a Wall Street swashbuckler, as a lot less risky than it used to be. The Federal Reserve appears not to be convinced.
We'll get a better idea of what the Fed thinks on Thursday after the market closes, MOREStephen Gandel, senior editor - Mar 14, 2013 5:00 AM ET
Growth rates in India and the other large emerging economies are unlikely to stage a comeback this decade, argues a new book by Morgan Stanley's emerging markets equity head.Feb 12, 2013 10:18 AM ET
James Gorman gets the lowest pay of the 2012 Wall Street CEO packages revealed so far, making less than a third of what Goldman's Lloyd Blankfein makes.
FORTUNE - Morgan Stanley CEO James Gorman is now a $6 million man. On Wall Street, that size check ain't considered bionic.
According to people familiar with the firm's plans, Morgan Stanley's board decided to cut Gorman's total compensation for 2012 by 30% from the MOREStephen Gandel, senior editor - Jan 24, 2013 5:50 PM ET
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* Morning Call: U.S. fututes mixed, European shares dip and the Nikkei rebounds
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* Agnes Crane: Corporate America must get real about pensions, too
* Instagram foodie backlash: Restaurants turn camera shy
* Pin it: SV Angel raises $30m to buy Pinterest MOREDan Primack - Jan 24, 2013 7:15 AM ET
Profitability and compensation levels are still a concern for the investment bank.
FORTUNE -- Low interest rates and an increased desire by corporations and others to borrow powered Morgan Stanley to better-than-expected earnings in the last quarter of 2012.
Morgan Stanley earned nearly $900 million, or $0.45 a share, from continuing operations and after an accounting adjustment for its debt. That was much better than the $0.27 a share analysts expected. Earnings MOREStephen Gandel, senior editor - Jan 18, 2013 9:47 AM ET
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