Morgan Stanley (MS) announced on Friday that it will turn over ownership of Cresent Real Estate Equities to lending giant Barclay’s Capital.

Nov. 20 (Bloomberg) -- Morgan Stanley agreed to hand over a real-estate business acquired in 2007 to Barclays Capital, ending the New York firm’s obligation on a $2 billion loan after taking almost $1 billion in losses.

Nov. 20 (Bloomberg) -- Morgan Stanley agreed to hand over a real estate business acquired in 2007 to Barclays Capital, winning forgiveness of a $2 billion loan after taking almost $1 billion in losses on the investment.

Morgan Stanley is handing over Crescent Real Estate Equities to Barclays Capital, winning forgiveness of a $2 billion loan that financed its acquisition of the real estate business in 2007.

Nov. 20 (Bloomberg) -- James Gorman , the designated successor to Morgan Stanley Chief Executive Officer John Mack , said applying different capital requirements to trading books than to loans would be a better way to contain risks than breaking up banks.

Nov. 20 (Bloomberg) -- China may increase wind turbine sales to the U.S. and Europe because of lower domestic demand and an overcapacity in manufacturing, threatening global makers, an official at Morgan Stanley said.

Thomas Cook, Tui Travel Cut At Morgan Stanley

Nov. 20 (Bloomberg) -- SEB AB, the second-largest bank in the Baltics, was cut to “underweight” from “overweight” at Morgan Stanley, which said its “future balance sheet size is uncertain.”

Nov. 20 (Bloomberg) -- Thomas Cook Group Plc, Europe’s second-biggest tour operator, was cut to “underweight” from “equal-weight’ at Morgan Stanley, which said demand is still weak across the industry and debt refinancing is a ‘‘risk.’’

Nov. 20 (Bloomberg) -- China’s stocks may gain as much as 30 percent before peaking next year as valuations are “reasonable” and any government withdrawal from stimulus measures will have a delayed impact, Morgan Stanley said.

Oct. 9 (Bloomberg) -- South Africa’s rand will weaken 3 percent by the end of 2009 as this year’s rally curbs exports and the inflation rate and current account gap remain high, Morgan Stanley said in a research note.

Oct. 9 (Bloomberg) -- Zoe Cruz , ousted as co-president of Morgan Stanley almost two years ago, is preparing to start her own hedge fund, the Wall Street Journal reported, citing people familiar with the situation.

Morgan Stanley likely broke a string of three straight losses in the third quarter, while chief rival Goldman Sachs extended its dominance, according to Reuters.

A Florida appellate court has rejected Ronald Perelman's attempt to revive his multibillion-dollar fraud and conspiracy case against Morgan Stanley. In 2005, Perelman obtained a $1.6 billion judgment against the company, but in 2007 a Florida appeals court reversed and entered judgment for Morgan Stanley, and the state high court declined review.

Morgan Stanley chief executive John Mack, who struggled to return the bank to profitability amid the financial crisis, said a single regulator should oversee financial institutions worldwide. "A ...

NEW YORK, Oct 8 (Reuters) - Former Morgan Stanley Co-President Zoe Cruz is planning to launch a new hedge fund, the Wall Street Journal said, according to people familiar with the situation. The 54-year-old former currency trader and bond-trading executive has opened a new office and is working on hiring staffers -- including some ex-colleagues at Morgan Stanley - for a firm she plans to call ...

NEW YORK - MORGAN Stanley likely broke a string of three straight losses in the third quarter, while chief rival Goldman Sachs Group Inc extended its dominance. The growing mismatch between the last two big names on Wall Street is illustrated by analysts' forecasts: Goldman earnings are expected to more than double, while Morgan Stanley is seen just eking out a profit, lagging far behind its ...

The growing mismatch between the last two big names on Wall Street is illustrated by analysts' forecasts: Goldman earnings are expected to more than double, while Morgan Stanley is seen just eking out...

Morgan Stanley likely broke a string of three straight losses in the third quarter, while chief rival Goldman Sachs Group Inc extended its dominance.

Oct. 8 (Bloomberg) -- European banks including Credit Suisse AG and Deutsche Bank AG will probably report third- quarter earnings that exceed market expectations as favorable trading fuels profit, Morgan Stanley analysts said.