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Dismal distinction for Morgan Stanley

Morgan Stanley fell to a three-month low after reporting the biggest drop in trading revenue among the largest US banks. Shares of the company slumped 5.4 percent, to $20.31, the biggest decline on the 81-company S&P 500 index. Bond-trading revenue fell 42 percent in the first quarter… …read more
Source: NY Post

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Posted by on April 19, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.