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Morgan Stanley inked deals with 10 digital partners in 2016: CEO

NEW YORK (Reuters) – Morgan Stanley’s wealth management business signed deals with 10 new digital partners last year, Chief Executive James Gorman said during a call on Tuesday with analysts to discuss the bank’s fourth-quarter earnings. The new “digital alliances,” … Continue reading

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Wall Street opens lower amid Trump, Brexit uncertainty

Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., January 13, 2017. REUTERS/Lucas Jackson More (Reuters) – U.S. stocks opened lower on Tuesday as investors sought safe-haven assets … Continue reading

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Trump, Brexit uncertainty hit stocks and dollar, gold jumps

By Nigel Stephenson LONDON (Reuters) – Stocks and the dollar fell and gold rose on Tuesday as investors turned wary after President-elect Donald Trump said the U.S. currency was too strong, while sterling jumped as UK Prime Minister Theresa May … Continue reading

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Wall Street set to open lower

By Yashaswini Swamynathan (Reuters) – Wall Street was set to open lower on Tuesday as investors sought safe-haven assets following British Prime Minister Theresa May’s comments on Brexit and U.S. President-elect Donald Trump’s remarks on the dollar. May said Britain … Continue reading

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Former foreign secretary William Hague joins Wall Street giant Citi

Former foreign secretary Lord Hague is to join Wall Street giant Citi as the UK gears up its Brexit strategy ahead of talks with the European Union. William Hague is to join Citi as an advisor at the US bank, … Continue reading

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MIDEAST STOCKS-Qatar strong, Saudi recovers, Egypt extends bull run

* Qatar at five-month high in heavy trade * Masraf Al Rayan jumps on higher dividend * Saudi recovers as oil climbs over $56 * Saudi Cement, Jabal Omar, Albilad up on higher Q4 profits * Foreign funds continue building … Continue reading

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Morgan Stanley's profit doubles on bond-trading surge

By Olivia Oran and Sruthi Shankar (Reuters) – Wall Street bank Morgan Stanley’s profit doubled in the last quarter of the year, far exceeding expectations, as trading activity surged following the U.S. presidential election. Earnings applicable to common shareholders soared … Continue reading

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Morgan Stanley's profit doubles on bond-trading surge

By Olivia Oran and Sruthi Shankar (Reuters) – Wall Street bank Morgan Stanley’s profit doubled in the last quarter of the year, far exceeding expectations, as trading activity surged following the U.S. presidential election. Earnings applicable to common shareholders soared … Continue reading

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UnitedHealth tops Street 4Q forecasts, as earnings jump

UnitedHealth Group’s earnings soared 56 percent in the final quarter of 2016, helped by growth in its core health insurance business plus gains from its Optum business segment. The nation’s largest health insurer beat Wall Street expectations for the quarter … Continue reading

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Citi appoints former UK foreign minister Hague as senior adviser

By Anjuli Davies LONDON (Reuters) – Citigroup has hired former British foreign minister William Hague to be a senior adviser to the Wall Street bank, as Britain prepares to negotiate its exit from the European Union. Banks and investment firms … Continue reading

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