Top Morgan Stanley economist says Yo to a bizarre new app June 23, 2014 Yo, the new app that raised $1.2m (£705,000) for its simple one-word communication platform last week, got an endorsement from a surprising source yesterday. The app allows users to send each other only one message – the word “YO”, and was championed by Morgan Stanley global chief economist Joachim Fels. “When I first read about [...]
Morgan Stanley emails exposed in bid battle June 16, 2014 THE dark arts of investment banking were brutally exposed yesterday as Allergan, the US healthcare group fighting off a $53bn (£31.2bn) hostile bid from a rival Valeant Pharmaceuticals, released emails designed to embarrass Morgan Stanley, the US investment bank that is now advising its unwanted suitor. The emails show that just a few weeks ago, [...]
Here’s what Morgan Stanley thinks ECB QE might look like May 12, 2014 It's clear that the European Central Bank knows it has a disinflationary problem. Today, a global investor poll conducted by Bloomberg finds that 74 per cent of participants see deflation as a greater risk to the region than inflation. While headline Eurozone inflation remains positive, that aggregate measure masks the member states already suffering from [...]