Morgan Stanley (MS) scores a victory as Perella Weinberg has valued Morgan Stanley Smith Barney...

|About: Morgan Stanley (MS)|By:, SA News Editor

Morgan Stanley (MS) scores a victory as Perella Weinberg has valued Morgan Stanley Smith Barney at less than $15B, reports the NYPost. A valuation of $15.5B would have marked the midpoint between what Citigroup and Morgan Stanley thought the venture was worth. The exact figure isn't known, but a source says somewhere between $10-15B would be an appropriate guess.