Markets

Deutsche Bank and Wall Street banks reportedly just gave Congress thousands of documents related to Russians with possible ties to Trump

Six banks including Deutsche Bank, JPMorgan Chase, and Morgan Stanley, have been providing Congressional committees thousands of documents related to an investigation into Trump’s Russia ties, according to the Wall Street Journal. The investigation is reportedly looking into whether there was potential foreign influence on Trump and his family. In […]
Deutsche Bank and Wall Street banks reportedly just gave Congress thousands of documents related to Russians with possible ties to Trump
Markets

Morgan Stanley’s No. 2 exec Colm Kelleher is retiring

Morgan Stanley President Colm Kelleher will retire from the bank at the end of June, according to a memo to staff from CEO James Gorman and confirmed by a spokesman. Kelleher will continue as a senior adviser to the firm and keep an office and administrative assistant at the bank, […]
Morgan Stanley’s No. 2 exec Colm Kelleher is retiring
News

Morgan Stanley says the true price of bitcoin might be zero

Even after a rough week, bitcoin is trading at around $US14,400. A recent research note from Morgan Stanley points out how hard it is to justify that valuation. The scarcity of people willing to accept it as a means of payment indicates that its actual value might be nothing. Morgan […]
Morgan Stanley says the true price of bitcoin might be zero