News tagged with “brokerage”. Found:
8 tagged news reports.
Your Search Returned 8 tagged news reports
Brokers Diverge on Stay Bonuses
Singapore :: Singapore | 9 months ago
Credibility
Morgan Stanley plans to offer its top-producing financial advisers and those at Citigroup Inc.'s Smith Barney as much as 105% of their annual production to stay with the two firms as they create a joint venture. The retention deal was announced to branch...
Tags: brokerage
Citi, Morgan Stanley Strike Deal
Tōkyō :: Japan | 10 months ago
Credibility First Inaugural Address On March 4, 1933 Roosevelt gave his first inaugural address...Unemployement Citi, Morgan Stanley Merge Brokerage Operations 5:13 PM ET: Mega-bank Citigroup and Morgan Stanley will combine their brokerage ops into one mega-brokerage...
Tags: morgan stanley, citigroup, brokerage, Morgan Stanley Smith Barney, Mega-bank Citigroup, Smith Barney Australia
Citigroup, Morgan Stanley merge brokerage units
New York City :: NY :: USA | 10 months ago
Credibility Citigroup Inc. and Morgan Stanley are combining their brokerages in a deal that shows how much Citigroup wants to slim down and build up cash. Morgan Stanley is paying Citigroup $2.7 billion for a 51 percent stake in the joint venture.
Tags: morgan stanley, citigroup, brokerage, Morgan Stanley Smith Barney, Citigroup Inc., joint venture, brokerages unit, percent stake, merge brokerages, barney brokerages
Citi inches toward Morgan Stanley brokerage deal (Reuters)
Milwaukee :: WI :: USA | 10 months ago
Credibility Citigroup Inc inched closer to selling a stake in its Smith Barney retail brokerage business to Morgan Stanley , but its shares tumbled as investors fretted over the bank's expected fourth-quarter loss and future capital needs. Morgan Stanley would essentially...
Tags: citigroup, brokerage, market, Smith Barney, Citigroup Inc, Morgan Stanley
Citi, Morgan Stanley near deal on brokerage
Washington :: DC :: USA | 10 months ago
Credibility Ailing US banking giants Citigroup and Morgan Stanley are near a deal for a joint venture to create the world's biggest brokerage, The Wall Street Journal reported on Monday. Such a deal would merge Citi's Smith Barney unit with the brokerage operations...
Tags: brokerage, agreement, deal, Morgan Stanley, Citigroup
Citigroup may gain by brokerage sale
New York City :: NY :: USA | 10 months ago
Credibility Citigroup Inc. may book a gain of as much as $10 billion by selling control of its brokerage to Morgan Stanley, helping to replenish capital depleted by the biggest losses in the bank's history, a person familiar with the talks said. The worst banking...
Tags: citigroup, brokerage, Combining Citigroup, Citigroup Inc., Morgan Stanley, Citi-Morgan, india, Smith Barney, Vikram Pandit, chief executive
Developing Story: Citi nears deal on brokerage
Citigroup is to reap a much-needed capital gain of up to $6bn, as well as a cash payment of $2.7bn if it clinches a deal to spin off its brokerage unit into a joint venture controlled by Morgan Stanley, people close to the situation said. The decision...
Tags: citi group, brokerage, morgan stanley, newscop
Citi shares fall despite talks with Morgan Stanley
Leh :: India | 10 months ago
Credibility Citigroup Inc.'s ( C , News ) stock fell sharply Monday as investors wonder how much more cash the troubled bank will need...The person spoke on condition of anonymity because he was not authorized to discuss the ongoing talks. But maintaining cash levels...
Tags: brokerage, Citigroup, Citi-Morgan, fresh wave, Morgan Stanley, morgan talk
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