• / Free eNewsletters & Magazine
  • / My Account
Home>Morgan Stanley Will Buy Rest of Brokerage Following Fed Approval

Morgan Stanley Will Buy Rest of Brokerage Following Fed Approval

Financial Planning News

Fri, 15 Mar 2013

Morgan Stanley, owner of the world's biggest brokerage, will buy the remaining 35 percent of its wealth-management venture with Citigroup Inc. after winning Federal Reserve approval in the regulator's annual stress test.

Related Videos

  1. When Will the Fed Take Its Foot Off the Accelerator?

    February's better-than-expected jobs report highlights the possibility that the Fed could end its expansionary policy as soon as this year, says Morningstar's Bob Johnson.

  2. Weekly Wrap: Netflix Looks Pricey, Citi a Bargain

    The streaming video firm ended 2016 with strong results, but shares are looking expensive. Plus, Citigroup is still our top banking idea, and holidays were hard for Target.

  3. Weekly Wrap: Did the Fed Get It Right?

    We see value in Citi and Wells Fargo even if the Fed should have left rates pat. Plus, a new era for GE.

  4. With Banks, More Good News Than Bad, Finally

    Wells Fargo and Citigroup are recovering from their struggles, but we think there's room for caution.

©2017 Morningstar Advisor. All right reserved.