Clients Staying With Morgan Stanley (MS)

September 19, 2008 1:15 PM EDT
Morgan Stanley (NYSE: MS) sources tell CNBC government move is game changer for them. Sources also told CNBC hedge fund clients are staying with Morgan Stanley. Morgan Stanley said it secured 16 M&A clients in Europe. Government move provides more stabilization and a better bargaining chip for their situation. Morgan Stanley still pursuing options, but looks to stay independent.

Morgan Stanley is a global financial services firm.
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