Today's Best Market Rumors (10/2/2012) Merrill to Recruit from Morgan Stanley

Updated throughout the day on the 24/7 Wall St. Wire:

Qatar Airways will join the oneworld alliance of airlines, which allows members to share codes and traffic. British Air and American are already members. (Reuters)

Merrill Lynch will spend as much as $1.5 billion to pull brokers away from Morgan Stanley's (NYSE: MS) troubled broker unit. (WSJ)

Douglas A. McIntyre

Filed under: 24/7 Wall St. Wire, Rumors Tagged: MS
Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.