COVER STORY - Why the market opposed Morgan Stanley's tie-up
March 01, 2008
The Wall Street bank's audacious bid to form a securities joint-venture with Vietnam's de facto sovereign wealth fund was scrapped after intense lobbying by rival bankers. While Morgan Stanley has since sealed a landmark tie-up with a local brokerage, it was not the contract it originally coveted. But all this effort raises the question: will invstment banks ever turn Vietnam's potential into profits? Chris Wright reports.
This content is only available to Asiamoney PLUS subscribers.
Subscribe today for unrestricted access to Asiamoney PLUS and receive your complimentary copy of Asiamoney magazine each month.
You can also call or email our subscriptions team at +852 2842 6999,
hotline@euromoneyasia.com.
If you are located in Europe or the Americas you can contact our local hotlines on:
Subscribe
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Subscribe now
Free trial
Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.
Free Trial