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Succession has traditionally been a bloody sport on Wall Street. With Morgan Stanley at the top of its game, holding onto these proven executives is vital.
Wall Street bank marks the last of the U.S.'s six largest banks to provide its third-quarter update, to be released before the opening bell on Wednesday.
Bank's trading revenue rises 10% but investment-banking business drops in mixed results, as shares fall nearly 3% in premarket trading.
Morgan Stanley saw its third-quarter earnings slide amid sluggish results from the firm's investment bank.
Sluggish results from the Wall Street firm’s investment bank and a miss in wealth management triggered a sell-off.