Morgan Stanley’s Weak Quarter Bodes Poorly for Full Year by ANTONY CURRIE

By ANTONY CURRIE

The bank’s $1.1 billion quarterly profit amounts to an annualized return on equity of just 6.2 percent, well short of its 10 percent target.

Published: April 19, 2016 at 12:00AM

from NYT Business Day http://ift.tt/1NiYNzA

from WordPress http://ift.tt/1NxrzHw
via Hadi Aboukhater