MS Said To Freeze I-Banking Hiring

28 Sep 2010

Morgan Stanley has put a freeze on hiring at its investment-banking unit for the rest of the year, but does not plan any layoffs.

Morgan Stanley has put a freeze on hiring at its investment-banking unit for the rest of the year, but does not plan any layoffs. Morgan Stanley joins string of investment banks that have taken steps to modify staffing amid revenues decline that stem from dampened trading volumes.

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