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Banks Headlines

Morgan Stanley raises targets, but Wall Street wants more

Morgan Stanley raised key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer James Gorman why the bank could not do even better.

U.S. charges Barclays forex trader with fraud

The U.S. Department of Justice (DoJ) on Tuesday charged a Barclays foreign exchange trader based in New York over his alleged role in a scheme to defraud a client of the bank, the DoJ said.