Contents tagged with Morgan Stanley
Large transnational business continues to curtail its presence in Russia.
Morgan Stanley - one of the largest U.S. financial institutions with assets of $900 billion - will become the first U.S. bank to completely eliminate full representation in Russia.
According to RIA Novosti, the group filed a request with the Central Bank of Russia to revoke the license to carry out banking operations and decided to voluntarily liquidate its banking operations in Russia.
Earlier, on April 30, the …