Morgan Stanley to Cut 1,600 Investment Bank Jobs

Jan. 9 (Bloomberg) -- Bloomberg's Erik Schatzker and Stephanie Ruhle report that Morgan Stanley is cutting 1,600 investment banking jobs, nearly 6 percent of the unit. They speak on Bloomberg Television's "Market Makers."

Earnest: The Modern Bank for the Next Generation?
51:17 - Louis Beryl, Earnest's chief executive officer, discusses the company's business model with Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)
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