Morgan Stanley said to expect bonuses to drop as much as 30%
Morgan Stanley, the sixth-largest U.S. bank by assets, has told some employees to expect investment banking bonuses to decline 10 percent to 30 percent, according to two people briefed on the matter.
Morgan Stanley, the sixth-largest U.S. bank by assets, has told some employees to expect investment banking bonuses to decline 10 percent to 30 percent, according to two people briefed on the matter.
Managers are being told of the reduced pool as they prepare to make year-end bonus decisions, sai
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