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Here’s why Morgan Stanley is shaking up its commodities business

Posted on 14 August 2013

Morgan Stanley stock has advanced more than 35 percent this year to date, more than doubling the return of the S&P 500 and outperforming the broader Financial Select Sector ETF, which is up about 20 percent for the same period.
Much of this success can be attributed to Chairman and CEO James Gorman, who has helped shift the focus of the bank away from typically volatile trading and banking businesses and toward more reliable wealth management businesses………………………………………..Full Article: Source


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