Latest in Tag: investment banking Highlight

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Latest in Tag: investment banking

Morgan Stanley earnings take a hit

US investment banking heavyweight Morgan Stanley has seen its third-quarter profits dropping steeply. The lender attributed the fall largely to poor bond trading operations, with major rivals not doing any better. New York-based investment bank Morgan Stanley on Monday reported a 42-percent drop in third-quarter net profit. The lender, which is also a major wealth …

Deutsche Welle

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