We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Along for the ride

12 Jan 2017 By Jeffrey Goldfarb

Bank regulators are unhappy with how Morgan Stanley and other advisers pitched a loan for the $70 bln ride-hailing app. Imaginative slicing and dicing of figures is an irksome investment-banking art. The Fed’s leverage guidance is also messy, however, for unprofitable ventures.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)