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Morgan Stanley wins Financial News investment bank of the year award

Sir Fred Goodwin named business leader of the year

Morgan Stanley has won investment bank of the year in the inaugural Financial News Awards for Excellence in Investment Banking 2004.

The US bank was voted to the top ahead of Barclays Capital, whose chief executive Bob Diamond was voted European banker of the year. Sir Fred Goodwin, chief executive of Royal Bank of Scotland, scooped the award for business leader of the year.

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