Morgan Stanley faces what would be the largest credit-rating cut among U.S. banks, which may force the firm to post more collateral on derivatives trades and pay more to borrow. Photographer: Peter Foley/Bloomberg
Morgan Stanley faces what would be the largest credit-rating cut among U.S. banks, which may force the firm to post more collateral on derivatives trades and pay more to borrow. Photographer: Peter Foley/Bloomberg
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