Morgan Stanley's Gorman not satisfied, looks ahead (Reuters)
Morgan Stanley Chief Executive James Gorman was not satisfied with his firm's financial performance in 2009 and believes it is time the firm begins carrying out its business plan after a make-over of key businesses. us.rd.yahoo.com |
US prosecutors to review Goldman case (at FT.com)
US prosecutors are reviewing the evidence the US Securities and Exchange Commission has gathered about Goldman Sachs's mortgage-backed securities business to determine whether to open a full criminal probe, a person familiar with the matter said. us.rd.yahoo.com |
DTCC in talks over possible EMCF stake (at Financial Times)
The Depository Trust & Clearing Corporation, the US post-trade group, is in talks about buying a stake in European Multilateral Clearing Facility, a clearing house that handles the most European equity trades, people familiar with the situation said on Friday. us.rd.yahoo.com |
State department courts bank executive
[at Financial Times] - Tom Nides, Morgan Stanley's chief operating officer and a long-time aide to the bank's chairman, John Mack, is in discussions to take a senior post in Hillary Clinton's state department. us.rd.yahoo.com |
Update: Deal details for ErgoBaby
[at Fortune] - Compass Diversified Holdings last month said that it had acquired ErgoBaby, maker of those baby-carrying "frontpacks." Colin blogged about the deal, suggesting that there is a "bull market in babywearing." us.rd.yahoo.com |