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Morgan Stanley Got About 38% Of Facebook IPO Shares, Goldman 15%

Lead underwriter Morgan Stanley received about 38% of the shares in Facebook Inc.'s initial public offering to distribute to investors, while J.P. Morgan got 20% and Goldman Sachs Group Inc.'s allotment was roughly 15%, according to people familiar wi...

Facebook IPO: Morgan Stanley Brokers Allocated Sharply More Shares

Financial advisers at Morgan Stanley Smith Barney have been told their allocation of shares of Facebook Inc. for clients has been raised to a maximum of 5,000 per account, from roughly 500, according to people familiar with the situation.

Soros Takes Stakes In J.P. Morgan and Goldman Sachs

Billionaire investor George Soros's Soros Fund Management LLC reported no stake in Internet giant Google, while reporting new positions in big banks J.P. Morgan and Goldman Sachs.

Morgan Stanley Banker Charged With Hate Crime Waives Right to Jury Trial

William Bryan Jennings, the Morgan Stanley banker who was charged with a hate crime and assault of a taxi driver, has waived his right to a jury trial and will instead have his case heard by a judge.

Evercore Profit Plunges As M&A Deals Get Delayed

Evercore Partners, the advisory firm founded by former Deputy U.S. Treasury Secretary Roger Altman, said its first-quarter adjusted profit plunged 62% as expenses within investment banking surged and deal activity within the business was muted.

Jefferies Hires Internet Analysts Fitzgerald, Pitz From UBS

Jefferies Group Inc. has hired Internet company analysts Brian Fitzgerald and Brian Pitz from UBS, according to people familiar with the situation.

Gorman: ‘No Particular Compulson’ To Speed Up Smith Barney Deal

Morgan Stanley Chairman and Chief Executive James Gorman said the securities firm has "no particular compulsion or anxiety to accelerate" its purchase of Citigroup Inc.'s stake in their brokerage joint venture, but said the company is "always prepared to listen" if an opportunity presents itself.

Morgan Stanley Sees Rebound in Bond Trading

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Morgan Stanley, like its rivals, experienced a big rebound in fixed income, currencies, and commodities trading. Revenue for that business, excluding the impact from narrowing credit spreads that banks and securities firms are getting hit with in the first quarter, rose 34% from a year ago and more...

Greenhill Earnings Jump as CEO Sees M&A Recovery

Greenhill & Co. swung to a first-quarter profit, easily beating analysts' expectations on a surge in advisory fees, though revenue from the business slumped 14% from the prior quarter amid tough market conditions.

UBS Head of Investment Banking for Americas Leaves Firm

UBS's head of investment banking for the Americas, Aryeh Bourkoff, has resigned from his position at the company, effectively immediately, according to an internal memorandum sent to employees.

UBS Head of Investment Banking for Americas Leaves Firm

UBS's head of investment banking for the Americas, Aryeh Bourkoff, has resigned from his position at the company, effectively immediately, according to an internal memorandum sent to employees.

UBS Head of Investment Banking for Americas Leaves Firm

UBS's head of investment banking for the Americas, Aryeh Bourkoff, has resigned from his position at the company, effectively immediately, according to an internal memorandum sent to employees.