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earnings — Morgan Stanley — Banking — industry — modernisation — News

Morgan Stanley: Expect a hit as we kill off old technology

Low stress investment as CEO Ted Pick says 2024 was "one of the strongest years in the Firm’s history"

,   and  Edward Targett
2 min read
Morgan Stanley CFO Sharon Yeshaya pointed out that decommissioning legacy technologies may result in higher amortisation costs - as the firm continues to modernise after a record year

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