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Added on the 18/04/2016 16:18:40 - Copyright : Reuters EN
Quarterly revenue at the investment bank fell in each of its main businesses. But the results easily beat Wall Street's lowered targets. Fred Katayama reports.
A surge in trading revenue pumped up Morgan Stanley's quarterly profit 60 percent. Fred Katayama reports.
Beijing / Shanghai, Jun 1 (EFE/EPA).- China will allow couples to have three children, according to the announcement of the Communist Party Politburo on Monday, following a sharp drop in the birth rate in the country. (Camera: ROMAN PILIPEY / ALEX PLAVEVSKI).SHOT LIST: PARENTS AND CHILDREN GO OUT ON INTERNATIONA CHILDREN'S DAY IN BEIJING AND SHANGHAI, CHINA.
Happy Saturday! Big bank earnings season was in full swing this week. From top execs laying out the rationale behind dealmaking to shedding some light on their plans for the future of the physical office, here are some of this quarter's highlights: Morgan Stanley's CEO explains why the bank's $7 billion bid for Eaton Vance makes sense even with such a high price tag: 'I'm not ashamed to say it's fully priced' JPMorgan and BlackRock are both looking to do M&A.
Shanghai (China), Aug 28 (EFE / EPA), (Camera: Alex Plavevski).- The largest Chinese banks are expecting the biggest profit drop in over a decade due to the pandemic.FOOTAGE OF THE CITY OF SHANGHAI.