Morgan Stanley May Cut 1,600 Jobs

Morgan Stanley, the sixth-largest U.S. bank by assets, plans to eliminate about 1,600 jobs from its investment bank and support staff in coming weeks, a person with direct knowledge of the matter said.

Oanda's Innes: Abe's Stimulus Sets Bar High for BOJ
44:13 - Stephen Innes, Asia-Pacific senior currency trader and analyst at Oanda, discusses Abe's proposed stimulus package, what it means for the Bank of Japan and its impact on the yen. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
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