Morgan Stanley and Goldman Sachs say thank you Mark Zuckerberg.
Morgan Stanley continues to lag the pack on Wall Street, reporting its third consecutive quarterly loss, while rivals like Goldman Sachs reported record profits in the same quarter. Morgan Stanley says it is making changes, includin... Read Post
Morgan Stanley is the final big US bank to report a profitable Q1 2010. Like Citi, Goldman Sachs, BofA, and Chase, Morgan Stanley made the bulk of its revenues from trading. The Wall Street Journal has more: Morgan Stanley said a ju... Read Post
The news that Morgan Stanley is "close" to leading Facebook's IPO will not sit well at Goldman Sachs. Sure, the report on Facebook's IPO said Goldman would have a "major role." But for Goldman Sachs, on IPO like Facebook, the only a... Read Post