Morgan Stanley profit hit by charges, revenue beats estimates

By Manya Saini and Tatiana Bautzer (Reuters) -Morgan Stanley’s shares slid more than 4% after its fourth-quarter profit took a hit from $535 million in charges, though its revenue beat expectations as investment banking rebounded. Investors were disappointed by the bank’s lower-than-expected guidance for wealth management margins on Tuesday, which weighed on shares, said Barclays…

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