NEW YORK (Reuters) - Morgan Stanley was quick to dismiss suggestions its status as the king of initial public offerings for Silicon Valley was under threat because of the botched Facebook Inc IPO last month. And that confidence may be warranted.
Reuters
Asian shares up, but euro pressured on EU summit cynicism
TOKYO (Reuters) - Asian shares rose on Wednesday but the euro was capped as investors concluded a European summit this week will fail to take concrete action to resolve the euro zone debt crisis, with Germany staunchly opposed to sharing the region's debt burden.
Analysis: Maybe the biggest risk is it's all ok
LONDON (Reuters) - Perhaps the biggest investor shock of the second half of 2012 would be if everything turns out OK and the world doesn't fall apart at the seams.
Big banks craft "living wills" in case they fail
NEW YORK/WASHINGTON (Reuters) - Five of the biggest banks in the United States are putting finishing touches on plans for going out of business as part of government-mandated contingency planning that could push them to untangle their complex operations.
