It is about Microsoft and Morgan Stanley, who decided to develop solutions that accelerate the digital transformation of the financial industry. If something brought the pandemic, it is digitization of financial systems. This had different repercussions: on the one hand, the growth of fintech, from virtual wallets to the exchanges of cryptocurrencies; on the other, … Read more
Jakarta, CNBC Indonesia – The Indonesia Stock Exchange (IDX) stated that the departure of foreign brokers from Indonesia, such as that of PT Morgan Stanley Sekuritas Indonesia (MS) was due to the lower weighting of shares in Asean countries, including Indonesia in the MSCI weighting. Director of Trading and Regulation of IDX Members, Laksono Widodo, … Read more
Jakarta, CNBC Indonesia – US investment bank Morgan Stanley is reportedly about to leave its equity market business or stock trading (brokerage) in Indonesia. However, the business will continue to run by cooperating with local securities partners who meet the requirements to continue providing facilities to its institutional customers. Reporting from Reuters, this was conveyed … Read more
ILLUSTRATION. Morgan Stanley cuts its projection for Indonesia’s economic growth in 2021 Reporter: Bidara Pink | Editor: I knew Laoli KONTAN.CO.ID – JAKARTA. Morgan Stanley revises its projection for Indonesia’s economic growth in 2021 to 4.5% year on year (yoy). Whereas previously, Morgan Stanley estimated that domestic economic growth this year could reach 6.2% yoy. … Read more
Deutsche Börse in Frankfurt The bull is a symbol for rising prices stands in front of the German stock exchange. – (Photo: dpa) – – – – Frankfurt The markets in the USA provide a good template for the German share index (Dax). Two out of three major US indices – the Dow Jones for … Read more
Düsseldorf Alleged “human error” costs the major US bank Citigroup almost half a billion dollars. In August 2020, the bank transferred a total of $ 893 million to several creditors as loan administrator for the cosmetics manufacturer Revlon, appearing to be repaying a loan that was actually not due until 2023. In fact, Citigroup said … Read more
– – Counterpoint Global, a division of Morgan Stanley Investment Management, is considering investing in the first cryptocurrency. It is reported by Bloomberg. To start investing in cryptocurrency, a firm with $ 150 billion in assets must first get approval from Morgan Stanley and regulators. “Counterpoint Global, one of our active wealth management teams, is … Read more
– The Munich online luxury fashion retailer Mytheresa goes public Stacey Cunningham, President of the New York Stock Exchange Nyse, applauds CEO Michael Kliger of Mytheresa, who ushered in the IPO with a virtual opening bell. – (Photo: AP) – – – – Frankfurt/New York The strategy of CFO Martin Beer has paid off. The … Read more
View of Frankfurt at sunrise Several major foreign banks have chosen the Main metropolis as a hub for their European business. – (Photo: REUTERS) – – – – Frankfurt Two weeks after the completion of Brexit, an initial conclusion can be drawn for Germany as a financial center: According to the Federal Ministry of Finance, … Read more
Bisnis.com, JAKARTA – The series of composite stock price index (JCI) rallies in November 2020 must be closed with a net sell of up to IDR 2.71 trillion. Foreign brokers release ownership of a number of shares with jumbo market cap. PT Telekomunikasi Indonesia (Persero) Tbk. (TLKM) became the months for selling by foreign investors … Read more