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Tag: Morgan

U.S. women’s soccer co-captain Alex Morgan to play in 2020 Summer Olympics

U.S. women’s soccer co-captain Alex Morgan to play in 2020 Summer Olympics

Sports
Nov. 6 (UPI) -- United States women's national soccer team star Alex Morgan said she plans to play in the 2020 Summer Olympics in Tokyo despite expecting her first child less than four months before the start of the event. Morgan, 30, announced her pregnancy on social media two weeks ago. She is expecting a baby girl in April, about three months before the beginning of the Olympics. "I hope to get back on the field as soon as possible," Morgan told reporters Tuesday. "After having a healthy baby, I want to get back with the national team and look forward to playing in Tokyo." Morgan, who helped guide the U.S. women's national team to a gold medal in the 2012 Olympics and wins in the 2019 World Cup and the 2015 World Cup, said she believes she will continue to play at a high level after h...
JP Morgan hires bankers to boost corporate client services

JP Morgan hires bankers to boost corporate client services

Finance
MUMBAI: JP Morgan has hired bankers from Citibank and DBS to boost its corporate client services as it revs up presence in the mid-corporate segment which has been growing substantially. It hired Pranav Chawda, as head of Client Banking and Specialized Industries from DBS Bank and he had worked for Citibank prior to that. Dhaval Shah, who was the Director at Citibank most recently, would head the Western Region. Srinivasan Kannan, who has been with the bank for a while, would lead the business in Southern India. “India is an important market and we’ve taken a long-term approach to building lasting relationships,” said Kalpana Morparia, chairman, South and South East Asia, J.P. Morgan. “We have deep local knowledge, global insights…,which uniquely position us to serve diverse companies in
Rana Kapoor-owned Morgan Credits pays Rs 792 crore to RNAM

Rana Kapoor-owned Morgan Credits pays Rs 792 crore to RNAM

Finance
MUMBAI: The Rana Kapoor-controlled Morgan Credits (MC) on Tuesday said it has paid Rs 792 crore to Reliance Nippon Asset Management (RNAM). The entity had last week sold 2.3 per cent of the promoter holding in the bank in a bulk deal to reduce the Kapoor group's ownership of the embattled bank to 7.4 per cent. Yes Bank has been sailing in choppy waters since the RBI curtailed its promoter-chief executive Kapoor's term on corporate governance concerns. Many of the bank's past lending bets under Kapoor are haunting the earnings now and keeping the share prices depressed. MC had raised money by issuing non-convertible debentures, which were subscribed by various schemes of RNAM and were due in April 2021, a Morgan Credits statement said. The payment of Rs 792 crore constitutes a "substantial ...
Here’s when analyst reports matter, according to Morgan Stanley’s AI

Here’s when analyst reports matter, according to Morgan Stanley’s AI

Finance
Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersDo stock analysts truly have insights for investors about earnings or are they just riding the market?That's the question Morgan Stanley heard from investors after it detailed a new artificial intelligence strategy in June that studied its own analyst reports. The strategy, which relied on what the bank calls "Machine-Read Analyst Sentiment" or "MRAS," beat the S&P 500 during a backtest.To answer this question, researchers used the MRAS to look at times around an earnings announcement where analysts had taken a contrarian position.They found that when analysts go against the market, their calls are often correct. Even when stocks swings go against analysts, after a few weeks, those swings often reverse ...
Morgan Stanley offers new tool to let advisors, investors measure sustainable investing goals

Morgan Stanley offers new tool to let advisors, investors measure sustainable investing goals

Finance
Morgan Stanley signage on the door of their headquarters building in New York.Scott Mlyn | CNBC Morgan Stanley is offering a new tool to help financial advisors and their clients measure sustainable investing choices and how they perform in their portfolios.The analytics and reporting application, called Morgan Stanley Impact Quotient, was announced on Monday. The firm said the feature is part of the firm's commitment to make sustainable investing a bigger part of the conversation between advisors and their clients.The tool helps clients prioritize preferences when it comes to environmental, social and governance interests. That may include climate change, gender equality or religious values.Once those priorities have been identified, the application then uses Morgan Stanley's proprietary ...