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Morgan Stanley

Morgan Stanley

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Morgan Stanley also draws a large portion of its revenue from its retail brokerage business, unlike Goldman, which relies on institutional clients for its business.

The brokerage unit, Morgan Stanley Smith Barney, generated $3.07 billion in revenue during the second quarter, compared with $1.92 billion during the year-ago period..

Source: http://www.kansascity.com/2010/07/21/2097701/morgan-stanley-profit-jumps-tops.html
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