Wednesday, Feb 13, 2008

Advantage - shutting up shop!

Bloomberg: Morgan Stanley to Cut 1,000 U.S., U.K. Mortgage Jobs

Morgan Stanley, the second-biggest U.S. securities firm, will eliminate 1,000 jobs by scaling back its U.S. residential mortgage business and closing the Advantage Home Loans unit in the U.K. Morgan Stanley bought Advantage in December 2005.

Posted by alan @ 08:35 PM (262 views) Add Comment

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