Morgan Stanley’s Profit Declines Due to Increased Expenses and Sluggish Merger and IPO Operations
Morgan Stanley’s Profit Dips: A Tale of Rising Costs and Sluggish M&A and IPO Activity Investment banking giant, Morgan Stanley, has recently reported a decline in profits, a development that has sent ripples through the financial world. The cause? A combination of increased expenses and a slowdown in merger and acquisition (M&A) and initial public …