(Reuters) - Morgan Stanley is interested in buying all of Citigroup Inc's stake in their wealth management joint venture this year in what could be a roughly $10 billion deal, said people familiar with Morgan Stanley management's thinking.
Similar Stories to Exclusive: Morgan Stanley Wants To Buy Out Citi From Wealth Jv on Bing News
Reuters: Top News, Reuters
Fri, 03/23/2012 - 10:07am
BING NEWS:
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His abrupt personnel changes rankled some executives, prompting bankers to defect. In response, Citigroup offered dozens of retention bonuses to staff, particularly in the Wealth at Work unit and to ...
11/25/2024 - 2:39 am | View Link - Citi Reaffirms Their Hold Rating on Morgan Stanley (MS)
In a report released today, Keith Horowitz from Citi maintained a Hold rating on Morgan Stanley (MS – Research Report), with a price target of ...
11/25/2024 - 2:28 am | View Link - Morgan Stanley price target raised to $135 from $105 at Citi
Citi raised the firm’s price target on Morgan Stanley (MS) to $135 from $105 and keeps a Neutral rating on the shares. The shares are up 44% ...
11/25/2024 - 2:24 am | View Link - Morgan Stanley courts employees of near-IPO companies for wealth management
Morgan Stanley is looking to add employees of startup companies as wealth management clients as U.S. investment banks prepare for a revival of initial public offerings.
11/19/2024 - 4:33 am | View Link - JPMorgan Chase, Morgan Stanley and Citi Say Raging Bull Market Not Over Yet – Here’s Their Outlook
Several Wall Street banking giants are forecasting blue skies for US equities – at least until 2024 comes to a close.
11/16/2024 - 4:05 pm | View Link - More
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