The City

MORGAN STANLEY: We're convinced these 7 stocks will explode higher over the next 2 months

• <b>Morgan Stanley says that corporate earnings growth, which has been a crucial driver of the stock market's record-breaking run, will start slowing around mid-year.</b>• <b><br>The firm has identified seven stocks around which they have high positive conviction this earnings season.</b><p>Earnings season has been a …

Markets

House prices set to fall in London and the south east this year, according to Fitch

The UK will be one of the few markets to miss out on house price growth in 2018.<p>According to a report from Fitch Ratings, average house prices will …

Fitch Ratings

Forget tax cuts — there's another clear reason why stocks look unstoppable

• <b>The effect of tax cuts on the stock market is being overstated as the S&P 500 continues to hit record highs, according to Credit Suisse.</b>• <b><br>Looking at two performance measures, it's clear that the market's torrid rally is instead being driven by two tried-and-true catalysts: earnings growth and</b> …

Business

AIG: The beat goes on

Visitors landing at Bermuda’s international airport are greeted not only by images of palm trees and beach resorts, but seemingly incongruous ads for …

Finance

How a China Bank Foxed Regulators And May Force a Market Rethink

For years, a branch of a mid-sized Chinese bank outshone rivals by reporting zero bad loans at a time others were struggling with rising soured …

Business

U.S. says audit watchdog staff helped KPMG 'subvert' inspections

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Free Sign Up<p>Already have an account? Sign …

Stock Markets

Kansas City Southern still the rail favorite at Credit Suisse

Credit Suisses checks in on Kansas City Southern (KSU +1.2%) after the re-emergence of NAFTA risk in evaluating the stock.<p>"We do not discount that …

Business

Top 1% of Australians own more wealth than bottom 70% combined

Australia now has 33 billionaires, up from 14 since before the global financial crisis in 2008<p>The ranks of Australia’s billionaires have swollen since the global financial crisis, from 14 in 2008 to 33 in 2017, after eight more individuals became billionaires last year.<p>Over the same period, the …

Income Inequality

New passports: How the City can trade freely with the EU after Brexit

A crucial phase in the Brexit talks will soon get underway when UK and EU negotiators meet to discuss trade. Leading the EU side, Michel Barnier has …

Brexit

ICO Scams: More Than 10 Percent Raised Has Been Stolen [Report]

New research shows more than 10 percent of funds raised through initial coin offerings (ICOs) have been lost or stolen by hackers, raising questions …

Business

After Oscars Mishap, PricewaterhouseCoopers Tightens Envelope Procedures

PricewaterhouseCoopers has unveiled a series of changes for this year’s Academy Awards to avoid a repeat of last year’s epic flub of the best picture …

The Oscars

U.S. government shutdown no threat to credit rating: Moody's

The U.S. government shutdown that began on Saturday is disruptive to the economy, but poses no immediate threat to its top notch Aaa rating as long …

Economy

Spain Prepares a Sale of New 10-Year Bonds

Spain’s Treasury may sell a new 10-year bond this week, looking to raise approximately 9 billion euros ($11 billion), according to two people …

Economy

Celgene buys Juno Therapeutics in a deal worth about $9 billion

Juno inked a $1 billion partnership with New Jersey-based Celgene in 2015, which fueled rumors of a future acquisition then.

Stocks

Healthcare - Top 5 Gainers / Losers as of 11:15 am (1/22/2018)

<b>Gainers:</b> BIVV +62%. JUNO +27%. SRNE +20%. ZIOP +19%. ARRY +16%.<p><b>Losers:</b> VICL -21%. IDRA -14%. TYHT -9%. ONTX -9%. CTIC -6%.<p><b>See all stocks on the move »</b><p>…

Business

Tiger Global is said to take a $1 billion stake in Barclays

Tiger Global Management’s holding in Barclays now amounts to about 2.5%, making the hedge fund a top ten shareholder of the global bank

Jes Staley

AMD and Bunge sow seeds for grain revival with tie-up talk

The proposed $30bn tie-up between Archer Daniels Midland and rival Bunge has highlighted how the toughest market conditions in a generation have …

Agriculture

Catalonia Who? Spanish Debt Finally Basks in the Sun

Spain is back.<p>Regional strife with Catalonia held back gains for Spanish bonds and equities last year, but it seems now investors can happily live …

Economy

Three ways for finance to boost sustainable development, cc: Davos

<i>This is a guest post by Josef Stadler, global head of ultra high net worth at UBS Wealth Management, and Ravi Raju, head of Asia Pacific ultra high</i> …

Finance

More small businesses should be protected from bad banking, City watchdog says

Britain's finance regulator has said it wants more small businesses to be protected from bad banking to avoid scandals such as those seen at the Royal Bank of Scotland and Lloyds Banking Group.<p>Only individuals or 'micro' firms with less than 10 staff can currently complain to the Financial …

Banking

GLOBAL MARKETS-Stocks shrug off U.S. government shutdown, dollar dips

© Reuters. GLOBAL MARKETS-Stocks shrug off U.S. government shutdown, dollar dips<p>* Investors appear unruffled by U.S. government shutdown<p>* World …

Economy

Axis Bank Profit Rises As Bad Loan Additions Slow, Shares Up

Axis Bank Ltd, India's third-biggest private sector lender by assets, reported a 25 percent rise in quarterly net profit on higher interest and fee …

Markets

Morgan Stanley's new managing director list is out — read the names here

Earlier this month, Morgan Stanley announced a new class of 153 managing directors.<p>The names of the newly promoted managing directors were released Monday.<p>Of the new promotions, 64% came from the Institutional Securities, Investment Management, and Wealth Management divisions. Ninety-five of the …

Business

Siteslegalweek20180122dealmaker Freshfields Charles Hayes On Making Partner Rare Breed Cattle And Sending Legal Advice Via Text Message - Legal Week

Freshfields Bruckhaus Deringer private equity partner Charles Hayes is this week’s dealmaker. Hayes closed out a strong 2017 with roles on a number …

Law (UK)

Industry Insights to Reduce Costs and Increase Efficiency with SaaS

Software as a Service (SaaS) is an increasingly popular method of software delivery that offers many potential benefits, including reduced costs and …

Law

Allen & Overy loses banking duo to Mayer Brown in Singapore

Allen & Overy (A&O) partner Kayal Sachi and counsel Ian Roebuck have exited the firm to join Mayer Brown JSM in Singapore as partners.<p>The new hires …

Law (UK)

Premarket analyst action - healthcare

Sarepta Therapeutics (NASDAQ:SRPT) initiated with Outperform rating by RBC Capital Markets.<p>Dynavax Technologies (NASDAQ:DVAX) initiated with …

Business

US STOCKS-Futures slightly lower as U.S. shutdown enters third day

© Reuters. US STOCKS-Futures slightly lower as U.S. shutdown enters third day<p>* Futures down: S&P 48 pts, Nasdaq 2 pts, Dow 3.25 pts<p>By Sruthi …

Markets

‘No choice but to engage’ over disclosure

The group working on a complete overhaul of the rules on disclosure for the Business and Property Courts is calling for feedback from lawyers and …

Law (UK)

Credit Suisse Plans Modest Increase to Bonus Pool

Credit Suisse plans to increase its bonus pool for 2017 as the lender makes progress on its three-year restructuring plan. Bloomberg's Jason Kelly …

Credit Suisse