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Morgan Stanley to take $1.25 bln hit in Q4 from tax bill

Friday, January 05, 2018 - 01:04

Morgan Stanley will take a $1.25 billion hit in its fourth-quarter earnings due to a cut in corporate tax rate as part of the U.S. tax code overhaul. Fred Katayama reports.

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Morgan Stanley will take a $1.25 billion hit in its fourth-quarter earnings due to a cut in corporate tax rate as part of the U.S. tax code overhaul. Fred Katayama reports.

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Morgan Stanley to take $1.25 bln hit in Q4 from tax bill

Friday, January 05, 2018 - 01:04