Groupon Inc. is filing for its IPO, hoping to raise up to $750 million. Morgan Stanley, Goldman Sachs Group Inc., and Credit Suisse are the lead underwriters for the IPO of the company. Groupon earned $644.7 million in revenue for the first quarter of…

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Groupon Files for IPO

US bank Morgan Stanley reports a 60% jump in fourth-quarter profit, helped by rising revenue in its retail brokerage business.

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Morgan Stanley sees profits jump

A.I.G. paid off its obligations to the New York Fed, paving the way for the insurer and the Treasury Department to plan for a massive sale of stock this spring.

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DealBook: A.I.G. Repays Fed Debt and Looks Toward Big Stock Sale

The site is pushing ahead with plans for an I.P.O., a debut that could value the company at $15 billion or more.

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DealBook: Groupon Readies for an I.P.O.

The two firms are the latest global banks to win the right to form joint ventures to underwrite stock and bond offerings in China.

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JPMorgan and Morgan Stanley Win Approval to Expand in China

Two years after the onset of the financial crisis, the stock market is recovering and Wall Street’s elite are splurging.

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DealBook: Wallets Out, Wall Street Dares to Indulge

The bank is bidding goodbye to its Process Driven Trading unit, which made $4 billion in the 10 years through 2006. More from the scoop by DealBook’s Anita Raghavan: “A separation between Morgan Stanley and Mr. Muller has been in discussions for years, but talks accelerated in the wake of the passage in July of the Dodd-Frank Act, which restricts proprietary trading by Wall Street firms. Morgan Stanley and Mr. Muller had been discussing another option where the unit would have moved to Morgan Stanley Asset Management. But the act makes that far less likely now, said people close to the situation who were not authorized to speak publicly.”

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DealBook: Quants and Morgan Stanley to Part