 We’re working at varying stages with several multibillion-dollar teams. We expect more big deals this year."Brian Hamburger, MarketCounsel and the HamburgerLaw Firm |
Broker Protocol reduced to a shell game
Neil Weinberg | On Wall Street, October 2016
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Summary: (Bloomberg) -- Morgan Stanley could do little but watch as a team of advisers overseeing $2.2 billion in assets quit last month to start their own shop, the latest in a string of departures that have shifted billions of dollars in assets away from big Wall Street banks.
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