Morgan Stanley To Trim Fixed Income Unit – ValueWalk Premium
Morgan Stanley

Morgan Stanley To Trim Fixed Income Unit

Morgan Stanley (NYSE:MS) is set to trim the size of its fixed income unit according to a report in The Wall Street Journal.

The global investment bank is scaling back its ambition to be a top fixed-income company, by announcing its investors that its fixed income unit would aim to pull in $1.5 billion to $2 billion . . .

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