Fixed income rebounds at Morgan Stanley as risk falls
US investment bank halved the level of risk-taking in trading interest rates and credit from levels seen just six month ago – but posts a quarter-on-quarter increase its revenues in fixed income in the final three months of the year
Morgan Stanley halved the level of risk-taking in trading interest rates and credit from levels seen just six month ago.
However, the US investment bank still managed to post a quarter-on-quarter increase its revenues in fixed income in the final three months of 2011.
