Morgan Stanley 'is new Goldman Sachs' - today's papers
Morgan Stanley has been dubbed 'the new Morgan Sachs' after its equity and bond traders captured market share from rivals over the past quarter.
The company's revenues from its equity business climbed to $1.9bn (£1.2bn) in the quarter from $1.4bn a year ago, while bond and commodity revenues hit $2.09bn. Together they helped drive the bank's...
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