KM Financial Solutions | UPDATE 4-Morgan Stanley CEO: coronavirus will continue to pose challenges
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UPDATE 4-Morgan Stanley CEO: coronavirus will continue to pose challenges

UPDATE 4-Morgan Stanley CEO: coronavirus will continue to pose challenges

Morgan Stanley Chief Executive
Officer James Gorman told shareholders on Thursday he “can
promise” the bank will miss its medium-term financial targets
again in the current quarter, as the economic shutdown caused by
the novel coronavirus will continue to upend the global and U.S.
economy.

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