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Morgan Stanley’s Gorman Tells CNBC He’s Concerned About China

Morgan Stanley (MS) Chief Executive Officer James Gorman said he’s concerned that China’s economic growth may slow and pose a “black swan event” for capital markets, according to an interview on CNBC.

The “pipeline is building” for advisory work as more chief executive officers of companies show interest in acquisitions, while pressure from Europe’s debt crisis is easing, he also said.

To contact the editor responsible for this story: Keith Campbell at k.campbell@bloomberg.net

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