Credit rating agency Moody's has downgraded 15 financial institutions overnight, including major UK and US banks.
The Financial Services Authority (FSA) has warned investors against dealing with clones of Morgan Stanley and Allianz International.
Investment bank Morgan Stanley has warned the ramifications of Greece exiting the euro are more serious than markets are anticipating, with a full-scale eurozone collapse now more likely.
Massachusetts Secretary of Commonwealth William Galvin has reportedly issued Morgan Stanley with a subpoena as part of an investigation into Facebook's IPO, while two investors are taking legal action against Facebook, Nasdaq and Morgan Stanley following...
Ahead of Facebook's $16bn IPO, Morgan Stanley, the lead underwriter on the deal, reduced its revenue forecasts for the social network, Reuters reports.
Investment companies are being urged to issue zero dividend preference shares (ZDPs) rather than rely on banks to provide financing, to help ride out short term market volatility.
As J.P.Morgan shares plunge following one of its largest ever trading losses, we list ten of the greatest losses ever suffered in the financial sector.