Morgan Stanley's legal costs fall 80% year-on-year in Q4 2014
Morgan Stanley has bucked the trend for investment banks to report soaring legal spend following market investigations with an 80% fall in Q4 2014
January 21, 2015 at 09:09 AM
1 minute read
Morgan Stanley has reported an 80% fall in legal costs in the fourth quarter of 2014 compared with the same period the year before.
In its latest financial trading report, published yesterday, the investment bank reported its legal costs had fallen to $284m (
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