>>> MS : Morgan Stanley Discloses that an employee misappropriated Wealth Manag

MS Morgan Stanley Discloses that an employee misappropriated Wealth Management data for around 900 clients (up to 10% of unit's clients) 

Morgan Stanley today began advising certain Wealth Management clients that an employee had stolen partial client data. The Wealth Management employee has been terminated, and law enforcement and regulatory authorities have been advised of the incident.

While there is no evidence of any economic loss to any client, it has been determined that certain account information of approximately 900 clients, including account names and numbers, was briefly posted on the Internet. Morgan Stanley detected this exposure and the information was promptly removed.

Overall, partial account information of up to 10 percent of all Wealth Management clients was stolen. The data stolen does not include account passwords or social security numbers. The Firm is taking the precaution of notifying all potentially affected clients and instituting enhanced security procedures including fraud monitoring on these accounts.

>>> *HAVAS, UNIVERSAL MUSIC GROUP FORM GLOBAL MUSIC DATA ALLIANCE

--> one of the first news of Alliance/ deal between Havas & Vivendi...more news, tied up to come maybe...it will be interesting story to watch in 2015...I would rather be long Bollore & Havas rather than vivendi...


Maybe time to have a look to Bollore here, stock has been under pressure because of havas deal...deal should close int he next few weeks, offer is closing mid jan, deal will close by end of Jan if no extension, worth will mid Feb...but no more pressure ont he stock after mid Jan.

Start to buy now to play the end of the deal and teh new vivendi/havas story...

(BFW) Sika Chairman Denies Board Tried to Delay Shareholders’ Meeting

Sika Chairman Denies Board Tried to Delay Shareholders’ Meeting
2015-01-05 15:13:23.757 GMT


By Paul Verschuur
(Bloomberg) -- Chairman Paul Haelg says board
“astonished” about Schenker-Winkler Holding’s court petition
to force EGM.
* Haelg says EGM was envisaged this month because of Christmas
holidays
* Says “there can be no question of any delay,” says
sticking to time plan
* Says court action “detrimental to constructive talks”
* Haelg comments in e-mailed statement
* NOTE: Schenker-Winkler Seeks Court Order to Convoke Sika EGM
* NOTE (Dec 10): Sika Family Seeking to Oust Board Members
Opposing Sale


For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>

--With assistance from Jan-Henrik Förster in Zurich.

To contact the reporter on this story:
Paul Verschuur in Zurich at +41-44-224-4103 or
pverschuur@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net

REuters - Altice bonds to finance Oi deal imminent

LONDON, Jan 5 (IFR) - Altice will launch its jumbo bond deal backing the acquisition of Oi's Portuguese operations very soon if a crucial shareholder vote goes its way, according to sources close to the deal.

While the European cable company already has approval from Brazil's Oi, it still needs to win the backing of shareholders in Portugal Telecom SGPS, the holding company which owns 25.6% of Oi.

The shareholder vote is due to take place at a general meeting on January 12. The approval of the sale will require a two-thirds majority.

"If it is approved Altice have the ability to be in the market relatively quickly," said a banker close to the issue.

"The vote should go through, although Isabel dos Santos could still remain a problem even though she's dropped her offer."

Angolan billionaire businesswoman Isabel dos Santos threatened to thwart Altice's ambitions to acquire the Portuguese assets but dropped her EUR1.2bn bid for Portugal Telecom SGPS at the end of December.

Altice is known for bringing M&A bond deals to market in a very quick time frame, partially due to the pedigree of its management team.

Before joining Altice, the company's CFO Dennis Okhuijsen worked for over 15 years at Liberty Global, which is known for its speed at executing high-yield bond deals. Similarly, CEO Dexter Goei has a lot of experience in debt financing, having previously headed up Morgan Stanley's European TMT group.

Altice has to fund a EUR5.7bn-equivalent (US$6.84bn) cash consideration, the majority if not all of which will be debt, according to sources.

It is also expected to raise the bulk of the financing in the US dollar high-yield bond market due to the favourable cross-currency swap. Altice declined to comment.

Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan and Morgan Stanley are the lead banks that have underwritten the debt raise, although other banks will join the process later.