Morgan Stanley's head of European equities Matthew Leeman has moved overweight banks in the region in the view there are mispriced opportunities in the sector.
Wall Street's biggest banks had their worst quarter of results since 2008's financial crisis, with trading revenue down 35% on last year.
In the latest Conjecture debate, our panellists from Barclays Wealth, Investec Structured Products and Morgan Stanley discussed UK Equity Income.
Proposals to ring-fence UK-based banks could dent profits by up to 15% within three years, according to Morgan Stanley research, the Telegraph has reported.
Morgan Stanley has warned the global economy is on the brink of recession as the US investment bank slashed its growth forecasts.
Morgan Stanley has been dubbed 'the new Morgan Sachs' after its equity and bond traders captured market share from rivals over the past quarter.
US-based coupon website Groupon has filed to go public so it can raise up to $750m, in the latest high-profile technology company IPO to fire up fears about a bubble in the sector.
Investors in the top 10 hedge funds reaped returns of $28bn (£17.2bn) in the second half of last year alone, according to new data.
In the latest Conjecture debate, our panelists from Barclays Wealth, Incapital Europe and Morgan Stanley discussed Structured Products.
City analysts believe the FTSE 100 could hit an all-time high of almost 7,000 points this year as the global economic recovery gathers pace.