“(Reuters) – Morgan Stanley is considering selling a stake in its commodities unit, CNBC television reported on Wednesday, as regulatory pressures weigh on the outlook for the business.
The investment bank has been exploring a partial sale since at least last year and has talked to several parties, including private equity firm Blackstone Group LP , CNBC said, citing sources.
A Morgan Stanley spokeswoman declined to comment.”
If you enjoy the content at iBankCoin, please follow us on Twitter
