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In Fixed Income, Morgan Stanley’s Worst on The Street

Jan.17 -- Morgan Stanley shares fell 4.4%, the most in six weeks, after it missed 4Q 2018 estimates. Fixed income trading revenue fell 30%, the biggest fall of the six major U.S. banks that reported this week. Chief Executive Officer James Gorman says 2019 started out with better tone. He also tells Bloomberg TV about M&A possibilities. Ramy Inocencio reports on “Bloomberg Daybreak: Asia.”

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