Morgan Stanley Expected to Cut 700 Jobs by Year-End

July 19 (Bloomberg) -- Bloomberg's Betty Liu and Dominic Chu report that Morgan Stanley’s headcount will fall by more than 700 by the end of this year, Chief Financial Officer Ruth Porat said. Morgan Stanley has already cut 3,272 jobs since the start of 2012 and the firm expects that number to climb to 4,000 by the end of the year. They speak on Bloomberg Television's "In The Loop."

Sizing Up Clinton and Trump's Economic Plans
15:48 - Libby Cantrill, executive vice president at Pimco, and Ellen Zentner, chief U.S. economist at Morgan Stanley, examine the economic plans of Hillary Clinton and Donald Trump and the impact of the presidential race on the U.S. economy. They speak on "Bloomberg ‹GO›." (Source: Bloomberg)
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