Topic: Morgan Stanley
WASHINGTON (Reuters) - Republican presidential hopeful Jon Huntsman, struggling to gain traction in the polls, on Wednesday scored some big corporate allies, including Morgan Stanley's John Mack and Nike's Phil Knight.Huntsman's campaign named Mack, executive chairman of the Morgan Stanley board; Nike ...
Yesterday, the U.S. House of Representatives approved the new financial reform bill. It is also expected that the Volcker rule and some of the associated changes would reduce the profit of large firms. The rule as proposed by the White House economic ...
NEW YORK (Reuters) - President Barack Obama's economic adviser, Paul Volcker, said his proposed banking rules would force Goldman Sachs and other banks to give up their bank charters if they want to continue proprietary trading." Volcker, a former chairman of the ...