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Thursday, Mar 28, 2024
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Morgan Stanley Row Bruising Firm

Whether Chief Executive Philip Purcell or dissident shareholders win the battle to control Morgan Stanley, analysts say a protracted battle will bruise the elite investment banking firm. For two weeks, eight retired executives have publicly demanded the ouster of Purcell, saying the 61-year-old CEO has mismanaged the firm.

*For more on this story,

read the full Reuters article.

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