Fox Business - The Power to Prosper
Search Site

Ruth Porat

Morgan Stanley reduces risky fixed-income assets by 5 percent

Morgan Stanley reduced its fixed-income risk-weighted assets by 5 percent in the first quarter, Chief Financial Officer Ruth Porat said on Thursday.The Wall Street bank had $199 billion of those assets according to Basel 3 capital measurements as of March 31, down from $210 billion in the prior quarter, Porat said in an interview.Morgan Stanley is working toward a goal of having less than $180 billion of risk-weighted fixed-income assets by 2015 in order to free up capital.(Reporting by Lauren Tara LaCapra, Editing by Franklin Paul)...

Read More

  1. Morgan Stanley CFO Opts Not to Join Treasury

    Morgan Stanley's (NYSE:MS) Ruth Porat, one of Wall Street's highest-ranking female executives, has decided against heading to Washington to join the Treasury Departm...

  2. Compensation for Morgan Stanley CEO Falls 18%

    Morgan Stanley (MS) Chairman and Chief Executive James Gorman took home $10.7 million in annual compensation in 2012, down 18% from the prior year, in a calculation ...

  3. Morgan Stanley CFO Porat Says No To Treasury Job

    Morgan Stanley's chief financial officer, Ruth Porat, told Obama administration officials this week that she is no longer interested in the deputy Treasury secretary...

  4. Morgan Stanley Names Simkowitz Co-Head of Global Capital Markets -Memo

    Morgan Stanley (MS) has named Dan Simkowitz co-head of its global capital markets business, according to an internal memorandum sent to employees.In the memo, the se...

  5. Morgan Stanley lifts risk-weighted asset reduction target

    Morgan Stanley expanded its risk-weighted asset reduction target, a move that will help the Wall Street bank's capital levels under new rules and potentially boost s...

  6. Morgan Stanley to Boost Salaries of CEO

    Morgan Stanley (MS) said it would increase the salaries of Chairman and Chief Executive James Gorman and other top executives to make their pay more competitive.The ...

  7. Morgan Stanley CEO Gorman made $6 million for 2012: source

    Morgan Stanley Chief Executive Officer James Gorman received lower compensation for 2012 after a difficult year for the bank in which profits declined.Gorman receive...

  8. Morgan Stanley should not boost bond trading: analyst

    Morgan Stanley is aiming to win market share in bond trading, but it is not big enough to compete against rivals like Goldman Sachs Group Inc , and should instead fo...

  9. Morgan Stanley should not boost bond-trading business: analyst

    Morgan Stanley is aiming to win market share in bond trading, but it is not big enough to compete against rivals like Goldman Sachs Group Inc , and should instead fo...

  10. Morgan Stanley beats estimates on big bond trade gains

    Morgan Stanley reported better-than-expected adjusted quarterly earnings on Thursday as it boosted revenue from trading bonds, long a sore spot for the investment ba...

  11. Morgan Stanley adjusted profit rises on bond trading

    Morgan Stanley reported better-than-expected adjusted quarterly earnings on Thursday as it boosted revenue from trading bonds, long a sore spot for the investment ba...

  12. Morgan Stanley brokerage shows improvement

    Morgan Stanley's wealth management business posted a stronger profit margin in the third quarter, excluding one-time costs from brokerage integration and raising its...

  1. Morgan Stanley's 1Q Profits Soar 57%, Top Views

    Morgan Stanley (NYSE:MS) impressed Wall Street with a stronger-than-expected 57% surge in first-quarter earnings on Thursday as the investment bank enjoyed surprisin...

  2. Morgan Stanley CFO: Firms Need More Female Execs

    Morgan Stanley <MS.N> Chief Financial Officer Ruth Porat on Wednesday called on government and corporate leaders to encourage the promotion of women into senior busi...

  3. Morgan Stanley shrinks risky fixed-income assets

    Morgan Stanley's risk-weighted assets related to fixed-income trading fell by 2.7 percent last quarter, Chief Financial Officer Ruth Porat said on Friday.The Wall St...

  4. Treasury's Lew Hosts Dinner With Economists, Academics, Executives

    U.S. Treasury Secretary Jacob Lew Wednesday night met with economists, academics and executives to discuss the financial crisis and housing market.The group included...

  5. Porat , Shilling Talked Housing With Lew: Treasury

    Morgan Stanley Chief Financial Officer Ruth Porat and Yale professor Robert Shilling were among the individuals to discuss housing finance at a dinner with Treasury ...

  6. Morgan Stanley CFO: Wealth Management Margin of 17% 'a Good Base' for Rest of Year

    Morgan Stanley Chief Financial Officer Ruth Porat said the firm is well positioned to improve the 17% pretax margin its brokerage business recorded in the first quar...

  7. Morgan Stanley is Ahead of Risk-Weighted Asset-Reduction Goal for 2013 -CFO

    Morgan Stanley (MS) Chief Financial Officer Ruth Porat said the securities firm has reduced risky assets in its fixed-income-trading business by 9.6% from the fourth...

‹ Prev12Next ›
Freebase CC-BY
Source: Ruth Porat on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL