Morgan Stanley: It’s All About Wealth Management Now
December 01, 2015 at 10:28 AM EST
Fixed income has been where bank profits go to die, so is it any wonder that Bloomberg is reporting that Morgan Stanley (MS) plans to fire a quarter of its staff in fixed income? KBW’s Brian Kleinhanzl considers the implications: Mike Segar/Reuters The Bloomberg report indicated a 25% reduction in fixed income, but the big […]
