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Morgan Stanley to spin off Discover

 		 

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Morgan Stanley to spin off Discover (Reuters) Morgan Stanley to spin off Discover
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Business Forum Morgan Stanley to spin off Discover at News Forum - Reuters - Morgan Stanley , the second-largest investment bank by market value, said on Tuesday it would spin off its ...

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Old 12-19-2006, 07:52 AM   #1
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Default Morgan Stanley to spin off Discover
Reuters - Morgan Stanley , the second-largest investment bank by market value, said on Tuesday it would spin off its Discover credit-card division and posted better-than-expected quarterly results on strong banking and trading.



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Old 12-19-2006, 11:25 PM   #2
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Intersting move on the part of morgan stanley. They are defintely going to continue to grow, and with changes like this, they will be the biggest investment bank in the world soon.
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