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Eyes Turn to Goldman, Morgan Stanley With Rivals Tapping M&A Windfall

Eyes Turn to Goldman, Morgan Stanley With Rivals Tapping M&A Windfall

Pressure is mounting on Goldman Sachs and Morgan Stanley to deliver another minor miracle next week as their firms post results from what was thought to be a tough quarter for investment banking. Shareholders had worried investment banking might suffer as some corporate clients delayed acquisitions and capital investments ahead of a global trade war.