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Share Name | Share Symbol | Market | Type |
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Morgan Stanley | NYSE:MWD | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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-- The Russian unit of Morgan Stanley (MS) will voluntarily end banking operations in that country next year, Reuters reports Monday.
-- The unit will cease operations in the first quarter, it said in its annual report, according to Reuters.
-- The Russian unit said sanctions imposed by the U.S. and European Union created difficulties for the business, the report said.
www.reuters.com/article/us-russia-banks-morgan-stanley/morgan-stanley-to-shut-down-its-russian-banking-business-in-first-quarter-2020-idUSKCN1SC1R9?il=0
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
May 06, 2019 14:58 ET (18:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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