December 01, 2015 BY Maria Nikolova
Morgan Stanley to fire a quarter of its FX traders
Poor financial performance is taking its toll on Wall Street investment bank Morgan Stanley (NYSE:MS). As per LeapRate's earlier report, the bank posted a set of disappointing financial metrics for the third quarter of 2015, including a 42% decrease in fixed-income trading revenues. The poor trading results will cost hundreds of jobs at Morgan Stanley, with…
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