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17min chapter
Wall Street Focuses on Banks Ahead of Fed Decision
Bloomberg Businessweek
Wealth Management: A Key Driver for Banks
This chapter discusses the focus of Wall Street on banks ahead of a Fed decision and highlights wealth management as a major driver for banks. They explore the opportunities for wealth creation and transfer and mention Morgan Stanley's leadership in revenue through acquisitions and sizable wealth flows. The chapter also addresses concerns about rising interest rates and their impact on the ability of big banks to manage.
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