Morgan Stanley

Retail Asia07/11/2023

US-based bank Morgan Stanley gives a former McKinseyan responsibility for funds distribution in German-speaking countries in Europe. Sebastian Roemer is the new distribution head for Morgan Stanley Investment Management in the German, Austrian, and Swiss markets. Based in Frankfurt, he will manage the regional activities of the bank’s fund subsidiary, the bank indicated in a release on Monday. […]

Retail Asia30/11/2021

Morgan Stanley is the latest Wall Street lender to provide reimbursements for Hong Kong staff traveling to visit immediate family, outdoing J.P. Morgan’s recently announced Covid benefits by $100. Morgan Stanley will provide a one-time reimbursement to Hong Kong staff of up to HK$40,000 ($5,100) for quarantine stays when returning to the city, according to […]

Retail Asia04/10/2021

Morgan Stanley’s chief executive of China will reportedly retire after nearly two decades with the American lender. Wei Sun Christianson will retire from her role as China CEO and APAC co-CEO – roles she held since 2006 and 2011, respectively – according to a memo from the bank. Christianson will remain as an advisory director at the bank […]

Retail Asia31/05/2021

Morgan Stanley is the latest global bank to add exposure to mainland China’s financial sector with increased ownership in two joint ventures. Morgan Stanley will buy stakes in its securities and mutual fund joint ventures, according to a company filing with the Shanghai Stock Exchange. We are excited by opportunities to significantly expand our onshore securities […]

Retail Asia24/03/2017

Indian e-commerce giant Flipkart has closed a US$1 billion funding round, with plans to raise an equal amount over the next few months. Investors who have contributed to this round include eBay, Microsoft and Tencent Holdings, Bloomberg reports. The funding comes at a valuation of $10 billion, up from $5.39 billion when its minority investor […]

Retail Asia08/09/2016

Private equity firms Carlyle Group and TPG Capital have teamed up with two different Chinese state companies to bid for the McDonald’s China and Hong Kong franchise licences. The deal is said to be worth between US$2 billion and US$3 billion, reports the Straits Times. McDonald’s has previously said it is looking for long-term partners […]

Retail Asia25/06/2016

Beijing Tourism Group, ChemChina and Sanpower are among bidders for McDonald’s China restaurants and the 20-year master franchise covering China and Hong Kong. The deal is said to be worth about US$3 billion, and bids close on Monday. Restrictions on the franchise agreement have discouraged such buyers as private equity firms, but others have entered the […]

Tag: Morgan Stanley

Morgan Stanley Swiss Funds Business Gets New Head

Morgan Stanley Follows Suit with Hong Kong Covid Reimbursement

Morgan Stanley’s China CEO Retires

Morgan Stanley Increases Ownership in China JVs

India’s Flipkart closes $1 billion funding round

New contenders for McDonald’s China and Hong Kong

Bidding starts for McDonald’s China business