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Morgan Stanley's investment bank slipped by 11% in the first quarter as the Wall Street giant battled a steep decline in dealmaking fees and a fall in trading revenue.
Investment Banking
Morgan Stanley investment bank slides in brutal first quarter for deals
Dealmakers see their fees drop by a quarter as M&A slump bites
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Morgan Stanley's investment bank slipped by 11% in the first quarter as the Wall Street giant battled a steep decline in dealmaking fees and a fall in trading revenue.