- Morgan Stanley is cutting dozens of sales and trading staff as part of a year-end review, according to people with knowledge of the matter.
- The bank will tell affected employees this week.
Morgan Stanley is the process of dismissing dozens of sales and trading staff.
- A group of Wall Street firms are planning to launch a stock exchange that should 'scare the living daylights out of NYSE and Nasdaq'
- PayPal sees a twelvefold boost in revenue in India
- Here's how the risky behavior of debt-heavy corporate giants like GE and AT&T could spark the next financial crisis
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