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Morgan Stanley Expected to Generate Strong Profit Growth

Friday, Jan 23 2015

News Roundup

Written by PFA News

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Morgan Stanley Chief Executive James Gorman says the firm’s push to manage assets for wealthy individuals could boost profits by as much as 25% this year. So reports Reuters.

Gorman has emphasized the bank’s wealth management business to help offset the erratic nature of revenues from trading and corporate advisory services.

Read the full article from Reuters.

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