StanChart to acquire Morgan Stanley's private banking arm

Standard Chartered India on Monday said it has agreed to acquire the private wealth management business of Morgan Stanley India for an undisclosed amount, subject to regulatory approvals.

Morgan Stanley to sell its India wealth mgmt biz

The global investment banking major has begun a process to explore the sale of its wealth management operations in India, a senior bank executive said.

Godbole returns to Morgan Stanley as India realty arm head

Morgan Stanley has named Shirish Godbole as the head of its global real estate investment fund in India, the Wall Street bank said on Monday, as it looks to tap opportunities in a sector that has been badly hit by a cash crunch.