Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
The team of three advisors have started a firm called T6 Wealth Management, which will operate out of Morgan Stanley's new offices in Midtown Manhattan.
Barclays has become the latest blue chip firm to tighten its office attendance policy, asking staff to attend the office a minimum of three days a week. The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week,
The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week, which cut the minimum number of days staff can work from home from three down to two.
(Reuters) -Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said on Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
Barclays raised the firm’s price target on Morgan Stanley (MS) to $156 from $155 and keeps an Overweight rating on the shares. The bank’s Q4
Robinhood Markets Inc (HOOD) stock saw a modest uptick, ending the day at $49.4 which represents a slight increase of $1.66 or 3.48% from the prior close of $47.74. The stock opened at $47.9 and touched a low of $47.
Whales with a lot of money to spend have taken a noticeably bearish stance on Morgan Stanley. If we consider the specifics of each trade, it is accurate to state that 12% of the investors opened trades with bullish expectations and 62% with bearish.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $368,287, and 3 were calls, valued at $221,926.
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.
The bar for a March rate cut from the Federal Reserve now appears higher, Morgan Stanley (NYSE:MS) said, despite sticking with its call for March and June cut this year as the Fed chairman Jerome Powell made at the January FOMC meeting that more signs of disinflation would be needed to resume cuts.
Wall Street banks are preparing to sell up to $3 billion in debt linked to X, Elon Musk's social media platform. Morgan Stanley has contacted investor