Thursday, April 23, 2009

 

Morgan Stanley CFO says firm looking to buy high-end retail bank

Morgan Stanley Chief Financial Officer Colm Kelleher said Wednesday the investment bank is interested in acquiring a retail bank that caters to high-end customers.

He said the company, which converted to a commercial bank last fall amid the credit crisis, wants to complete a deal that would add to its wealth-management business...

MarketWatch: Morgan Stanley CFO says firm looking to buy high-end retail bank

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