If the economy goes south, it could affect the ability of working people to continue making payments. And that could affect the banks’ bottom lines.
Because they touch so many parts of this economy, banks’ quarterly reports can reveal a lot.
Easy for him to say.
Considered in decline, now investment banking is enjoying growing profits.
In July and August, the bank has been shopping for, and buying, diesel every day.
Morgan Stanley is moving its showcase of Asian hedge funds to New York after the event was cancelled in Shanghai last week due to concerns over bird flu, according to Bloomberg News.
A conversation outside of Morgan Stanley, which lived through the financial crisis and came out the other side.
Turns out American banks are in a much better position financially than we thought.
A high-level Morgan Stanley investment banker was charged with a hate crime in Connecticut after a dispute over a $300 cab fare.
From the Daily Show with John Stewart……
