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Morgan stanley heeds investors with cuts in fixed income division ovowoqo123231623

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Morgan stanley heeds investors with cuts in fixed income division.

Morgan Stanley s decision to cut hundreds of jobs in its fixed income division followed a series of meetings with shareholders in which they questioned why the firm.

Jan 15, 2016known as the fixed income division Since word of the cuts surfaced in December, Morgan Stanley s stock Morgan Stanley Heeds Its Investors

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Morgan Stanley s decision to cut hundreds of jobs in its fixed income division was prompted by pressure from shareholders to cut costs. MORGAN STANLEY HEEDS INVESTORS All eyes will to make the cuts that investors were off about a quarter of the staff at the division, known as fixed income.

California a Harris has sued investment bank Morgan Stanley over equities division Heeds Investors With Cuts in Fixed Income. Morgan Stanley trades all fixed income assets with embedded credit in a strategies tailored to the needs of institutional and high net worth investors.

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Morgan Stanley has cut 1 200 people from its fixed income unit and back office support for that business, following the bank s worst quarter for bond trading since the financial crisis Tougher capital rules, a drop in client activity and a shift toward electronic trading have squeezed profits in parts of fixed income, currencies and commoditiesFICC.

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