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World Economic Forum 2014: Overheard in Davos

By Bloomberg Briefs - 2014-01-22T18:19:25Z

Photograph by Simon Dawson/Bloomberg

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James Gorman

Morgan Stanley will do better in bond and commodities trading this year after posting the biggest drop in revenue among U.S. rivals in 2013, CEO James Gorman said. “For all the heat that’s being put on fixed-income and commodities, they’re going to have a better year in 2014,” Gorman said. “Last year was tough, but that’s not the end of the story.”