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Morgan Stanley lends to Lotto winner to boost tailored loans – Reuters

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Reuters

Morgan Stanley lends to Lotto winner to boost tailored loans
Reuters
Making unusual loans is critical for Morgan Stanley. The bank has bet its future in large part on its wealth management business, which produces more stable revenue than the trading unit that nearly wiped out Morgan Stanley during the financial crisis.
Morgan Stanley (NYSE:MS) Pushing for Tailored Loans BusinessUSTrade Voice

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