Morgan Stanley Will Shutter Banking Operations In Russia In Q1 Of 2020
PYMNTS
MAY 6, 2019
Morgan Stanley will send the Russian central bank a notice that it’s going to formally close of all of its banking operations in the country in the first quarter of 2020, according to a report by Reuters. The company did say it was going to continue to operate a consulting business in the country, which wouldn’t require a license.
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