Property is big business for banks. In the past five years, bank-owned private equity firms have raised $47.9bn in property funds. Alternative investment data provider Preqin says the biggest are Morgan Stanley’s $8bn MSREF VI global …

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Obama to halt banks' private equity property odyssey – Property Week

The proposal, named for Paul A. Volcker, the former Federal Reserve chairman, would limit a bank’s ability to trade on its own account and would ban banks from investing in hedge funds and private equity funds. … Citigroup estimates that JPMorgan’s private equity business generates earnings of 15 cents a share for the bank. Meanwhile, analysts at Morgan Stanley estimate that JPMorgan would have a 3 to 5 percent hit to its earnings over time based on reduced trading and …

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Wall St. Tries to Put a Price on the Volcker Rule – DealBook Blog …

At a hearing of the Financial Crisis Inquiry Commission in Washington this morning, the heads of JP Morgan, Morgan Stanley, Goldman Sachs and Bank of America have been grilled over the financial crisis that began in the US sub prime mortgage market.

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Wall Street chiefs admit to not stress testing a fall in housing market (Money Marketing Online)

A steal Bear Stearns by JP Morgan Chase, Merrill Lynch was bought by Bank of America and Goldman Sachs and Morgan Stanley to convert to bank holding companies, just to stay in business . Five major investment banks. . . andthen there …

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Investment Banking and the Future of Wall Street « 401k investing

I was fortunate to have a career that spanned the full spectrum of private to public sector. I began my career as an investment banker at Morgan Stanley in New York. I was young and excited about being at the heart of the capital markets that made the financial system of this …. IIX will connect these SEs with Impact Investors seeking to achieve both a social return and an economic return on their investment while providing capital to fund innovative social businesses . …

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IIX Founder Delivers Keynote Address at India's Stree Shakti …

While at Merrill Lynch, he also oversaw the firm’s private equity and real estate investment businesses . Mr. Gorman said, “I am delighted that Greg will be joining Morgan Stanley’s leadership team. I am fortunate to have previously …

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Morgan Stanley Hires Greg Fleming To Run Asset Management …