Tag Archives: Morgan Stanley Considers Shutting Offices Cutting Staff : Sources

The Times Of India – Morgan Stanley Considers Shutting Offices, Cutting Staff : Sources – 9 August 2012

NEW YORK: Morgan Stanley under fire to boost profit margins in its retail brokerage arm, is considering closing brokerage offices, laying off support staff and requiring some branch managers also to generate revenue as advisers under a cost-cutting drive, three people briefed on internal discussions said. Continue reading