Markets

Morgan Stanley posted a big rebound in a business it once left for dead

Morgan Stanley just posted its best fixed income results in three years. The bump came even after Morgan Stanley massively cut headcount and capital in its bond trading unit at the end of 2015. Morgan Stanley’s fixed income results of $US1.9 billion were slightly behind those of rival Goldman Sachs. […]
Morgan Stanley posted a big rebound in a business it once left for dead