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Morgan Stanley's income soars to $1.86bnMorgan Stanley's second-quarter income more than doubled, helped by rising revenue in its retail brokerage business as it won more assets to manage from clients without adding brokers, the investment bank said yesterday. More… |
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Stanley, JPMorgan to lead GM's $20bn IPOMorgan Stanley and JPMorgan Chase & Co are likely to be the lead underwriters in General Motors' (GM) initial public offering, a role more attractive for its prestige than its fees, a source said. Banks were competing fiercely to u More… |
