Tag: Morgan Stanley

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Philippine fintech GCash hires banks for up to $1.5 billion IPO, sources say

GCash, a Philippine fintech firm, has hired banks, including Citi, Jefferies and UBS, to work on an up to $1.5 billion domestic initial...

Amazon: Amazon exits Shoppers Stop; sells 4% stake for Rs 276 crore

Global ecommerce giant Amazon on Wednesday exited retail chain Shoppers Stop by selling a 4% stake in the company for Rs 276 crore...

Elon Musk: Musk’s political ascendancy stirs hopes of redemption for X banks

Elon Musk's political ascendancy has some Wall Street banks hoping they may soon be able to offload $13 billion of debt that backed...

ASML: Morgan Stanley latest to downgrade ASML on China, memory, Intel concerns

Morgan Stanley on Friday downgraded earnings estimates for computer chip equipment maker ASML, the latest brokerage to do so following weakness in the...