Expensive litigation costs have resulted in significant profit dips for two of the world's biggest investment banks. Deutsche Bank and Morgan Stanley have both had to set aside additional cash for legal expenses arising from the fall-out of the financial crisis.
January 20, 2014 at 09:23 AM
1 minute read
The original version of this story was published on Legalweek
Expensive litigation costs have resulted in significant profit dips for two of the world’s biggest investment banks.
Deutsche Bank and Morgan Stanley have both had to set aside additional cash for legal expenses arising from the fall-out of the financial crisis.
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