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Morgan Stanley profit slumps 54.4 percent



(Reuters) - Morgan Stanley's quarterly profit more than halved as the Wall Street bank's trading and investment banking businesses took a hit from market volatility early in the year.


Other News

New York City’s economy slowed in second quarter: Comptroller NEW YORK (Reuters) - New York City's economy slowed in the second quarter with drops in job creation and personal income tax revenues contributing t...
Global refiners brace themselves as China cements its oil market dominance SINGAPORE/BEIJING (Reuters) - China is on pace to overtake the United States as the world's biggest oil importer this year, cementing its status as ...
Stock futures little changed ahead of monthly jobs data (Reuters) - U.S. stock index futures were little changed on Friday as uncertainty about the presidential election continued to weigh on investors' m...

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