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Morgan Stanley to splash out more

Morgan Stanley building

Morgan Stanley plans to spend more money on share buybacks and dividends in 2015, executives said, in a step that could help the bank reach a key profitability target this year.



Sergio Ermotti Interview Pic

UBS saw rise in 2015 bonus pool

UBS, which cut its securities unit to focus on wealth management, raised its bonus pool by 14% in 2015, leaving it the only major European bank to award bankers higher compensation.