I'm interesting this question because it is the worst percentage drop of its market cap since 2012. Morgan Stanley reported earnings of $740 million, or $0.34 per share, down from $1.3 billion, or $0.64 per share delivered a year ago. Revenue also fell to $7.332 billion. I searched around the internet for answer (including social networks and financial news aggregators like http://ift.tt/1PwvDMP ) but the answer is "bad financial management". Could you specify this idea or provide me with more relevant one?
Submitted October 20, 2015 at 06:24AM by Gevlare http://ift.tt/1NSfKQO
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