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Retrieved 2008-02-24. ^ "FACTBOX-Subprime crisis affects banks worldwide". Reuters. 2008-02-17. Retrieved 2008-02-24. ^ "$3B in write-downs send Countrywide to $893M loss". USA Today. 2008-04-29. Retrieved 2010-05-11. ^ Germany's DZ Bank writes down nearly €1.4 billion in subprime-related investments - International Herald Tribune.
Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York City. It was one of the five largest investment banking enterprises in the United States [2] and a very profitable firm on Wall Street during the 1980s and 1990s. Its CEO and chairman at that time, John Gutfreund, was nicknamed "the ...
James Gorman joined Morgan Stanley in February 2006 and became co-president the following year. He then steered the bank in the aftermath of the 2008 financial crisis and by January 2010, he took ...
Morgan Stanley Wealth Management is an American multinational financial services corporation specializing in retail brokerage. It is the wealth & asset management division of Morgan Stanley . On January 13, 2009, Morgan Stanley and Citigroup announced that Citigroup would sell 51% of Smith Barney to Morgan Stanley, creating Morgan Stanley Smith ...
According to the company’s most recent 10-Q, McMahon has pledged 7.17 million of his shares as collateral “to secure his obligations under loans” from Morgan Stanley Private Bank, National ...
Bear Stearns' former offices at 383 Madison Avenue. Bear Stearns was founded as an equity trading house on May 1, 1923, by Joseph Ainslie Bear, Robert B. Stearns and Harold C. Mayer with $500,000 in capital (equivalent to $8,941,406 in 2023). Internal tensions quickly arose among the three founders.
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