After posting strong 3rd-quarter earnings, Wall Street firm Morgan Stanley will reportedly cut about 1,500 jobs amid an uncertain global economic outlook by lisettevoytko
were down slightly going into Monday’s closing bell. Other firms that might announce cuts.
Declining trading revenue in recent years has led Wall Street to cut jobs toward the end of the fourth quarter in order to avoid paying out yearly bonuses, reported“Global trade is going down for the first time in a non-recessionary period since World War II,” said Wilmington Trust chief investment office Tony Roth. While the U.S.
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