Morgan Stanley's profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record.

Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.

Secondary market watch price trackers including the Subdial Bloomberg index and Chronopulse by Chrono24 are showing prices bottoming-out in October last year and bumping along the bottom or rising slightly in the three months since.

In a report released today, Manan Gosalia from Morgan Stanley maintained a Buy rating on Cadence Bank (CADE – Research Report), with a price

Morgan Stanley is exploring the possibility of offering crypto to clients and is currently discussing a “safe” way to expand its services with regulators.

Hello! It’s Matt Monks in New York, chatting with the top insurance services M&A banker in finance, who walks us through the deal boom in the sector. Elsewhere, Mideast money draws a crowd in Davos and a rock and roll icon is up for sale.

Morgan Stanley's top-performing investment bankers and traders in Asia will see up to a 50% increase in bonuses due to robust business growth and a low-base effect of last year, according to two people with direct knowledge of the matter.

Secondary market watch price trackers including the Subdial Bloomberg index and Chronopulse by Chrono24 are showing prices bottoming-out in October last year and bumping along the bottom or rising slightly in the three months since.

Higher rates are dimming hopes for a recovery in the sluggish housing market. The central bank expects to be the first among major monetary authorities to unwind pandemic-era asset purchases. Consumers powered through concerns about high inflation and the U.S. job market for a 4% lift in holiday retail sales.

EUROPEAN shares rose nearly 1 per cent on Thursday, with luxury stocks boosted by Richemont’s upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit. Read more at The Business Times.

US shares and bond prices held on to their inflation-inspired gains from the previous session on Thursday as traders digested data showing a small increase

Dior, LVMH, Kering and Hermes among the luxury goods companies to advance after Cartier owner Richemont posted strong quarterly earnings