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'Big Embarrassment' For Morgan Stanley

Morgan Stanley HQ

Morgan Stanley, once the preferred takeover adviser of Dell Inc., missed out on a role on the biggest technology buyout since the financial crisis, depriving the firm of a share of more than $100m in fees.

Deutsche Bank Completes Another Clean Sweep

Deutsche Bank - Foyer Bridge

Deutsche Bank has announced it has been ranked No. 1 for the second consecutive year in Institutional Investor’s All-Europe Research, Sales and Trading Team survey, the benchmark on the region’s best sell-side equity sales, trading and research teams for 2013.

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RBS to speed up investment bank break up

Royal Bank of Scotland said it would speed the breakup of its investment bank after the division’s losses ballooned, and predicted the division would shrink to near-insignificance as early as 2017.