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Morgan Stanley CEO hints at sale of commodity arm

Posted on 19 October 2012

Morgan Stanley has an obligation to explore “different structures” for its commodities trading business because new regulations are limiting the unit’s activities, Chief Executive James Gorman said on Thursday.
The CEO’s comments were the first time Morgan Stanley has publicly hinted at a possible sale of its multibillion-dollar oil and metals trading arm, which has been reported in the media for months………………………………………..Full Article: Source


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