In the Margins
Morgan Stanley reported $908 million in fourth-quarter profit and a revenue gain that exceeded analysts’ estimates. The firm said equity trading rose and expenses fell; it also said it failed to meet its goals for revamping the fixed-income business. Read the original story from Bloomberg.
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Resignations, retirements and recruitment over the past five years have led to significant changes in the Sequoia Fund boardroom. The transformation was set in motion in ...
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