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Morgan Stanley (NYSE:MS) moves to sell its India private wealth management business ($1B AUM),...

Nov. 07, 2012 6:47 AM ETMorgan Stanley (MS) StockMSBy: Stephen Alpher, SA News Editor
Morgan Stanley (NYSE:MS) moves to sell its India private wealth management business ($1B AUM), according to sources, just 4 years after entering the market. "People get smitten by the India opportunity," says one source, "but very few people will succeed in this market."

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