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“Growth generally lagged in Europe, with only two nations - the United Kingdom and Spain - showing growth comparable to the worldwide rate.”
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“We are in the business of helping people manage their long-term wealth. Our new name better reflects both our activities and aspirations.”
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“While it is difficult to see colleagues go, please understand that these changes are designed to better position the organization going forward. Other changes will follow in the near future.”
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“Morgan Stanley is an underleveraged franchise.”
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