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Morgan Stanley (MS)

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  • Bloomberg

    India Startup Nykaa Seeks $4 Billion Valuation in IPO

    (Bloomberg) -- India’s Nykaa is preparing to file for an initial public offering that could value the startup at more than $4 billion, according to people familiar with the matter, another sign of the growing interest in India’s technology sector.The country’s top e-commerce company for beauty, founded by Falguni Nayar, is aiming to file its draft red herring prospectus, or DRHP, within the next few days, said the people, asking not to be named because the matter is private. It plans to sell jus

  • Morgan Stanley raises pay for junior bankers, capital markets employees - Business Insider
    Reuters

    Morgan Stanley raises pay for junior bankers, capital markets employees - Business Insider

    Base pay for first-year bankers in both divisions will now begin at $100,000 before adding bonus and second-year bankers will earn a minimum of $105,000, the report said, citing a person familiar with the matter. Morgan Stanley declined a Reuters request for comment. The investment bank's move comes weeks after peer Citigroup Inc said it would raise base pay for junior bankers at its banking, capital markets and advisory (BCMA) division.

  • Morgan Stanley raises pay for junior bankers, capital markets employees - source
    Reuters

    Morgan Stanley raises pay for junior bankers, capital markets employees - source

    (Reuters) -Morgan Stanley has raised the base pay for first and second-year bankers in its investment banking and global capital markets divisions, a person familiar with the matter told Reuters, following a trend set by Wall Street peers. First-year bankers in both the divisions would now earn a minimum $100,000, while second-year bankers' base pay would now begin at $105,000, increasing the pay by $15,000 at both levels, said the person, who declined to be identified. The investment bank's move comes weeks after Citigroup Inc said it would raise base pay for junior bankers at its banking, capital markets and advisory division.