Are wirehouses dinosaurs? Citi, MS haggling over Smith Barney could offer clues
At MSSB, marginal profit margins
Low-ball valuation by Morgan Stanley doesn't inspire great confidence in future of big brokerage business
A win for Morgan Stanley (MS) in a fight with Citigroup Inc. (C) over the value of their brokerage joint venture could show the firm is playing a losing hand.
Morgan Stanley, which has staked much of its pitch to investors on the stable earnings of its wealth-management business, is arguing that
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