Tuesday, October 17, 2017

Morgan Stanley's Crown Jewel Is No Longer Investment Banking

Morgan Stanley's wealth unit earned $1 billion from interest on client loans and their securities on deposit. The business could soon surpass investment banking as a moneymaker for the firm.

from Forbes Real Time https://www.forbes.com/sites/antoinegara/2017/10/17/morgan-stanleys-crown-jewel-is-no-longer-investment-banking/
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