Santiago - Delayed Quote • CLP Morgan Stanley (MSCL.SN) Follow Compare 126,080.00 +46,980.00 +(59.39%) At close: December 17 at 1:45:27 PM GMT-3 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations The optimism over US banks is about to be put to the test Investors ended 2024 brimming with optimism about US banks. What happens during the start of earnings season this week will put that optimism to a new test in 2025. Gilt Yields Fall Ahead of Treasury Chief Reeves’s Statement Gilt yields fell as investors awaited a statement by the U.K. Treasury Chief, and XTB said investors hope for reassurance on the government’s commitment to responsible public spending, and are cautious ahead of inflation data due Wednesday. BOJ’s Deputy Chief Signals Chance of Rate Hike Next Week (Bloomberg) -- Bank of Japan Deputy Governor Ryozo Himino signaled an interest rate hike may happen next week by saying that the board will discuss it, in a comment that goes beyond recent remarks by his boss about the January meeting.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San Francisco“In conducting monetary policy, it is difficult but essential to judge the right timing,” Himino said Tuesday in a Japan’s 40-Year Yield Rises to Highest Since Debut in 2007 (Bloomberg) -- Japan’s 40-year government bond yield reached its highest since inception amid a global debt selloff and expectations that the Bank of Japan will hike interest rates in coming months.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoThe yield rose as much as 3 basis points to 2.755%, the highest since 2007 when the bonds were sold for the first time. Japan’s 20-year yield also rose China Reins In Its Once-Freewheeling Finance Sector With Purges and Pay Cuts Xi’s campaign against capitalist excess ushers out internationally experienced financiers for a new generation of loyal functionaries. Citi, JPMorgan, Goldman, Wells Fargo kick off Big Bank earnings Investors are awaiting earnings from Big Banks earnings this week, watching especially closely for guidance updates. Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday. Bank of America (BAC) and Morgan Stanley (MS) release results on Thursday, as Citizens (CFG) and Truist (TFC) report on Friday. Yahoo Finance Banking Reporter David Hollerith joins Market Domination with Julie Hyman to discuss what to expect from Big Bank earnings. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Big Bank earnings coming up: Citi, JPMorgan, Goldman, BofA Big Banks are ready to kick off earnings season. Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday, while Bank of America (BAC) and Morgan Stanley (MS) release results on Thursday. RBC Capital markets analyst Gerard Cassidy joins Seana Smith and Brad Smith to discuss what investors can expect from Big Bank earnings. "The fourth quarter results are expected to be good; you're going to see stronger investment banking activity, credit quality is expected to remain very healthy, and we think that we'll start to hear about some improvements in the net interest margin," Cassidy says. "What's interesting is what the outlook is going to be for 2025. That's what investors are likely to focus in on," the analyst adds. He notes that the 2025 guidance will provide insight into Big Bank's expectations for the Federal Reserve's rate easing cycle, economic growth, geopolitical tensions, and President-elect Donald Trump's return to the White House, specifically around merger and acquisition (M&A) activity. "Goldman Sachs [and] Morgan Stanley are the pure plays, but also the money center banks, Bank of America, JPMorgan, [and] Citi are another way to play that as well," Cassidy says. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan. Eaton Vance Municipal Bond Fund Announces Preliminary Results of Tender Offer BOSTON, January 13, 2025--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the "Fund") announced today the preliminary results of the Fund’s cash tender offer for up to 5% of its outstanding common shares that expired at 5:00 p.m. Eastern Time on January 10, 2025 (the "Tender Offer"). 10-Year Treasury Yield Hits Highest Level Since November 2023 Ten-year Treasury yields rose to their highest level since November 2023, and Generali Investments said about one third of the the nearly 40bps rise since the election was due to the upward revision of the Fed funds rate path and the rest to a higher term premium. Stocks to watch this week: Goldman Sachs, Antofagasta, TSMC, Vistry and Ocado Earnings preview of key companies reporting this week and what to look out for. Big banks earnings, Kohl's CEO, December CPI: What to Watch After the closing bell on Wall Street, Market Domination Overtime Co-Hosts Julie Hyman and Josh Lipton examine what's on deck for investors next week. Big banks kick off earnings season with JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), Citi (C), Goldman Sachs (GS), Bank of America (BAC), and Morgan Stanley (MS) set to report quarterly results throughout the week. KB Homes (KBH), UnitedHealthcare Group (UNH), and Taiwan Semiconductor Manufacturing Company (TSM) will also release earnings reports. Kohl's (KSS) announced that CEO Tom Kingsbury will be stepping down from the role effective January 15, 2025. Former Michaels Companies CEO Ashley Buchanan has been named his replacement. The market will get fresh economic data with the Producer Price Index (PPI) coming out on Tuesday, January 14, while new Consumer Price Index (CPI) data will be released on Wednesday, January 15. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Naomi Buchanan. The CEOs Who Are Tearing Up the Policies Trump Hates Companies seeking to benefit from campaign promises to cut regulations and taxes are ditching diversity and climate initiatives; “EVERYBODY WANTS TO BE MY FRIEND!!!” Oil Rises as Russia Sanctions Bolster Crude’s Hot Start to 2025 (Bloomberg) -- Oil settled at a three-month high as the US ratcheted up sanctions against Russia, adding to a run of bullish developments that have propelled crude to a strong start to 2025.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Traffic in City CentersBrent futures rose 3.7% to s Morgan Stanley Appoints 173 New Managing Directors NEW YORK, January 10, 2025--Morgan Stanley has announced the appointment of 173 Managing Directors. The new Managing Directors are: Morgan Stanley Investment Management’s 1GT Participates in €115 Million Investment in XOCEAN NEW YORK, January 09, 2025--Morgan Stanley Investment Management (MSIM) announced today that the 1GT private climate equity strategy (1GT) participated in a €115 million fundraise for XOCEAN (company), a leading provider of ocean data to the offshore energy and civil hydrography sectors. 1GT participated in an investor consortium that includes S2G Ventures (S2G), Climate Investment (CI), and Crown Family’s CC Industries (CCI). Wall Street just got another sign that dealmaking is on the rebound Investment banking revenues soared at Jefferies Financial in the fourth quarter, a positive sign for Wall Street as bigger banks prepare to report their results next week. JPMorgan completes Wall Street's retreat from key climate alliance The nation's largest bank said Tuesday it is leaving the Net Zero Banking Alliance, completing a mass exodus of Wall Street financial giants from the key climate group. Eaton Vance Municipal Bond Fund Announces Extension of Tender Offer BOSTON, January 07, 2025--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the "Fund") announced today the extension of the Fund’s cash tender offer (the "Tender Offer") for up to 5% of its outstanding common shares at a price per share equal to 98% of its net asset value ("NAV") per share, determined as of the close of regular trading on the New York Stock Exchange on the day the Tender Offer expires. The Tender Offer, which was previously scheduled to expire on January 9, 2025 at 5:00 p.m With 62% ownership, Morgan Stanley (NYSE:MS) boasts of strong institutional backing Key Insights Significantly high institutional ownership implies Morgan Stanley's stock price is sensitive to their... Oil Slips Amid Technical Correction, Weaker Economic Data Oil edged lower likely due to a technical correction and weaker global economic news, but prices were still supported by colder weather forecasts and concerns over Russian and Iranian supply. Performance Overview Trailing total returns as of 1/15/2025, which may include dividends or other distributions. Benchmark is MSCI WORLD Return MSCL.SN MSCI WORLD YTD +59.39% -0.85% 1-Year +64.51% 0.00% 3-Year +69.57% +16.21%