Morgan Stanley (NYSE:MS) could be cutting some 1,600 jobs at its securities unit, according to sources familiar with the matter. The layoffs are just the start of a wider effort to cut costs in the face of new regulations and capital standards.
Morgan Stanley (NYSE:MS) could be cutting some 1,600 jobs at its securities unit, according to sources familiar with the matter. The layoffs are just the start of a wider effort to cut costs in the face of new regulations and capital standards.
