An independent monitor declared that Morgan Stanley is off to a "good start' toward fulfilling its consumer relief obligation under the terms of a February 2016 RMBS settlement.
Read More »Morgan Stanley Begins to Fulfill RMBS Settlement Debt
Under a settlement with federal and state regulators in connection with mortgage-backed securities practices, Morgan Stanley has begun to fulfill its consumer relief obligations.
Read More »Morgan Stanley Bounces Back From Rocky Q1
Following a difficult first quarter, Morgan Stanley welcomed the news that the investment banking firm’s net income rose substantially and beat expectations.
Read More »Morgan Stanley Joins Earnings Slide Parade
Morgan Stanley became the latest financial firm to see its profits drop off in the first quarter. What drove the decline?
Read More »The Week Ahead: How the Settlement Will Affect Goldman Sachs
Goldman Sachs will release its earnings statement for Q1 on Tuesday, April 19. How much will the recent $5 billion settlement affect the firm's profits?
Read More »It’s Settled: Morgan Stanley Agrees to Pay $3.2 Billion to Resolve Toxic MBS Claims
The investment banking firm is the latest to agree to a settlement with the government to resolve claims of misrepresenting the quality of mortgage-backed securities sold to investors in the run-up to the crisis.
Read More »Morgan Stanley is the Latest Firm to Settle RMBS Claims
The FDIC claims the investment banking firm sold toxic residential mortgage-backed securities to three failed banks.
Read More »With Settlements Behind Them, Morgan Stanley and Bank of America Post Solid 2015 Results
No more burdened by legal expenses that plagued them in 2014, both Morgan Stanley and Bank of America saw major year-over-year boosts in net income.
Read More »Morgan Stanley Settles with NCUA Over Faulty RMBS
The NCUA said it plans to continue to pursue litigation in federal courts against financial institutions based on the sale of faulty RMBS that caused five corporate credit unions to collapse.
Read More »Morgan Stanley’s Q3 Losses Driven by Volatility in Global Markets
Morgan Stanley reported net revenues of $7.8 billion for the quarter ending September 30, 2015, compared to net revenues of $8.9 billion from the same reporting period a year earlier. Net income applicable to Morgan Stanley for Q3 was also down from a year ago, from $1.7 billion at the end of Q3 2014 ($0.83 per diluted share) to $1.0 billion at the end of Q3 2015 ($0.48 per diluted share).
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