Three-rung drop would be ‘somewhat stunning,’ says Gorman
For MS, the ax man cometh
Morgan Stanley boss preparing for possible major downgrade by Moody's; hanging out there in the wind
Morgan Stanley Chief Executive Officer James Gorman said a three-level credit-rating downgrade by Moody's Investors Service would be “somewhat stunning” given the firm's increased capital.
Moody's has said it may reduce the rating on New York-based Morgan Stanley by as many as three l
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