Tag : IPO slump

Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs
Business

Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs

manamalive.com
As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year, leading advisory firms including Morgan Stanley, Bank of America, and Citigroup have resorted to job cuts. Specifically,...