Morgan Stanley to shut down its Russian banking business in first quarter 2020

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Morgan Stanley to shut down its Russian banking business in first quarter 2020
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Morgan Stanley is planning to send a formal notice to the Russian central bank t...

FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo

Morgan Stanley announced late last year that it was planning a voluntary shutdown of its banking business in Russia.

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