Morgan Stanley
Brexit gave Ireland a financial services jobs boost. Will AI wipe it out?
Financial services insiders say Ireland has continued to attract activity following initial Brexit-related moves
Sinking of Irish-born billionaire’s superyacht was not due to storm – reports
Mike Lynch and daughter Hannah were among seven people who died when the Bayesian yacht sank off Sicily
Bullish markets treat Trump’s high-volume rhetoric as background noise
Investors are pricing the US president less as a structural disrupter than as a volatile showman
Easter eggs stay pricey even as cocoa prices plunge
Makers try to recoup losses after margins were squeezed by spike in price of raw ingredient
Oil touches $100 a barrel as shares slide after attacks on Gulf shipping
Middle East war stokes inflation concerns
Data centre company Echelon secures €1.7bn loan financing to continue expansion
Firm develops and operates large-scale infrastructure
Stocks slip and gold gains as global trade faces new Trump tariff threat
Dollar dips after US president imposes 15% duty following supreme court decision to strike down previous policy
SpaceX weighs June IPO timed to planetary alignment and Elon Musk’s birthday
Celestial calendar meets high finance, as billionaire’s personal impulses shape plans to raise $50bn in record listing
AI is forecast to ‘put 200,000 European banking jobs at risk’ by 2030
Roles in back and middle offices will bear brunt, analysts at Morgan Stanley predict
Tesla in 2026: is anyone still counting car sales?
Tesla’s share price is a bet on a future that may not exist
European shares inch higher, led by banks, following upbeat forecasts
Iseq index advances 1.8%, led by AIB and Bank of Ireland
Picasso’s vertical paintings, Elon Musk’s trillion-dollar pay package, and the art of stock valuation
Stock markets are more efficient than art auctions, but still not perfect
Trump threat to fire Fed chair sends Wall Street lower
Global shares tumble as chip-makers struggle for direction
Morgan Stanley profit beats estimates as traders shine
MORGAN STANLEY-RESULTS/ (UPDATE 3, PIX):UPDATE 3-Morgan Stanley profit beats estimates as traders shine
The agony and the equity: Most stocks fall more than 50% at some point
Even Amazon, Apple, Microsoft, Nvidia and the like are no strangers to drawdown despair
How Trump spat threatens Elon Musk’s business empire: ‘Nobody on the right or left is gonna buy a Tesla’
Billionaire Elon Musk faces rare convergence of threats - collapsing brand loyalty, shaky revenues, and mounting legal and regulatory risk
It’s déjà vu as Goldman Sachs eyes Irish household savings
Goldman’s Marcus online bank would have its work cut out tackling consumer inertia in Ireland
X business model is changing, according to new financials
When Elon Musk bought the former Twitter, it was heavily reliant on ads from blue-chip companies
Liquidator wants disbarred broker to be examined under oath
Jeffrey Leo alleged to have misappropriated part of $60m given to him by American couple
Musk’s X in talks to raise money at $44bn valuation
Valuation would match price Musk paid for site despite loss of users and advertisers
Energia pays additional €110m dividend to New York owner in advance of planned sale
Ebitda declined 6.3% to €79.5m in three months to end of September, following increases
Markets watch for escalation in Middle East tensions
Irish stock exchange has quiet day with food groups retreating
Energia quarterly earnings rise 28% as US owner advances sale plan
US investment firm I Squared Capital hired investment bankers to prepare the company for sale
Out of a job but not ready for the golf course: how about joining a board?
More departing CEOs and CFOs are opting for a smorgasbord of director, consulting and mentoring roles
Investors await decisions from key central banks and earnings reports from big tech companies
Irish market ends the day down, with Dalata and Glanbia the big fallers
European shares nudge lower on Friday but hang onto weekly gain
Carlsberg Group dropped 9.3% after Britvic rejected a revised, unsolicited €3.7 billion takeover bid from the brewer
Threat of far-right election success in France spooks investors
Sell-off in French stocks as snap election raises prospect of a far-right government in the EU’s second-biggest economy
Global markets subdued in short trading week as investors await US inflation data
In Ireland, the ISEQ All Share Index had a weaker performance than its European counterparts
Hypocrisy is everywhere with crypto and the banks
Capital flows from institutional investors are driving up the price of tokens such as bitcoin
Are things going backwards for women on Wall Street?
Those with the chops to make it to senior management in banking may not want to sit around and wait their turn
The menace of the overblown job title
Terrible epithets confuse and infuriate, but that has done nothing to stem the tide
HSBC profits plummet 80% after charge on Chinese bank stake
Shares slide as lender takes several charges in ‘messy’ final quarter of 2023
Bad property debt exceeds reserves at largest US banks
Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market
Goldman Sachs hikes CEO David Solomon’s pay 24% despite weaker profits
Remuneration of $31m comes after boss pared back bank’s lossmaking push into retail banking
Morgan Stanley says the time for investors to make ‘easy money’ is gone – is it right?
Stocktake: In reality, there’s no such thing as easy money – it only seems that way after the event
European shares flat after rate cut hopes are dashed by US jobs data
Airlines and tech stocks advance in final trading session of the week
Some 60,000 jobs shed by world’s biggest banks in one of worst years for cuts since financial crisis
Collectively, the big Wall Street banks cut at least 30,000 staff in 2023 with more cuts expected next year
JPMorgan CEO Jamie Dimon to sell stock for first time
Chief executive intends to dispose of 1m shares through equity trading plans next year
Ctrl Alt raises €2.5m in funding round
Ctrl Alt was founded in 2020 by Mr Ong, who previously worked with Morgan Stanley and Credit Suisse
Goldman Sachs profits drop 36% after pullback from retail banking
Lender suffers eighth straight quarter of falling earnings but records first rise in investment banking revenue for 2 years
Special delivery: How shifting fortunes brought US boxmaker WestRock to Smurfit Kappa
WestRock, the US’s second-largest paper packaging group, once harboured ambitions of snapping up Smurfit Kappa, but has now become a willing target of Ireland’s first multinational
Birkenstock files to list shares on New York Stock Exchange
IPO could value German sandal-maker at more than $8bn
AIB’s Bryce to be first female president of BPFI
AIB executive Cathy Bryce to head up banking lobby group
Ireland’s Colm Kelleher was always meant to become Europe’s most powerful banker
How Warrington-born Irishman came to oversee the most complicated bank merger in history
European central banks could speed up bond sales, economists claim
Vast bond portfolios bought via quantitative easing under scrutiny
Central Bank silent on Odey Asset Management turmoil
Company’s Dublin business has been authorised by the Central Bank since 2011
Ireland’s largest shopping centre to be put up for sale with €725m price tag
Wall Street investment giant appoints Eastdil Secured and CBRE to find buyer for 1.2 million square feet Dublin retail scheme
Shares fall as inflation fears resurface
FTSE 100 falls after another surprisingly strong UK inflation reading
Morgan Stanley profits drop almost a fifth in first quarter
Wall Street bank’s robust wealth business fails to offset trading slowdown
Options trading surges as investors brace for US regional bank volatility
Fresh turmoil expected when results reveal just how badly midsized lenders’ earnings have been hit
Calm returns to stock markets with S&P on the rise
Things may well get worse but for now, investors will be relieved March didn’t turn out nearly as bad as feared
Colm Kelleher: the Corkman leading €3bn takeover of Credit Suisse
UBS chairman holds a Master’s degree in modern history from Oxford University and spent 30 years at Morgan Stanley
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
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Weddings, Births, Deaths and other family notices