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(AFX UK Focus) 2009-11-20 17:33 UPDATE 1-Morgan Stanley hands off Crescent to BarclaysNEW YORK, Nov 20 (Reuters) - Morgan Stanley has handed off its Crescent real estate subsidiary to Barclays Capital, the companies said on Friday. A Morgan Stanley spokeswoman said the New York bank agreed to transfer the subsidiary to Barclays in exchange for a "full release" of liability on the loans relating to Crescent. Crescent is a real estate investment company that operates office space ...
2009-11-20 - Interactive Investor