LONDON: The British pound slumped against the US dollar and the euro in early European trading on Tuesday (Dec 17), losing its election euphoria gains, following media reports that UK Prime Minister Boris Johnson was taking a hard line on Britain’s transition period for leaving the European Union …
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Morgan Stanley widens gap as banks’ wealth units add US$5 trillion
MORGAN Stanley’s record quarter in wealth management capped a banner period for one of Wall Street’s most-profitable businesses.