09-02-2015 00:04 via news.yahoo.com

Morgan Stanley aims to sell stake in Lansdowne Partners - WSJ

(Reuters) - Morgan Stanley is looking to sell its 19 percent stake in London-based Lansdowne Partners LLP, the Wall Street Journal reported on Sunday. J.P. Morgan and Highbridge Capital Management LLC, the hedge fund and private equity firm it owns, are also in discussions about the bank selling part of Highbridge to its management team, but those discussions are "fluid," according to the report, which cites people familiar with the matter. Morgan Stanley's bankers have narrowed d
Read more »