The headquarters of Morgan Stanley is pictured in New York in this June 1, 2012, file photo. Morgan Stanley plans to cut more staff this year and expects headcount to fall by 7 percent, or 4,100, as it prepares for weak economic growth globally and low trading volume, the investment bank said on Thursday. REUTERS/Eric Thayer/Files (UNITED STATES - Tags: BUSINESS)

The headquarters of Morgan Stanley is pictured in New York in this June 1, 2012, file photo. Morgan Stanley plans to cut more staff this year and expects headcount to fall by 7 percent, or 4,100, as it prepares for weak economic growth globally and low trading volume, the investment bank said on Thursday. REUTERS/Eric Thayer/Files (UNITED STATES – Tags: BUSINESS)

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