Politics

Morgan Stanley CEO laments ‘extremely damaging’ US shutdown

'This thing needs to be resolved,’ says James Gorman

“It’s extremely negative if this shutdown goes on much longer.”

That’ the assessment from the chief executive of Morgan Stanley in an interview on the sidelines of the World Economic Forum’s annual meeting in Davos, Switzerland, on Thursday.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions