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Morgan Stanley raises pay for junior bankers, capital markets employees - source

By Anirudh Saligrama July 28 (Reuters) - Morgan Stanley MS.N has raised the base pay for first and second-year bankers in its investment banking and global capital markets divisions, a person familiar with the matter told Reuters, following a trend set by Wall Street peers. First-year bankers in both the divisions would now earn a minimum $100,000,
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Investor focus locks on Fed as China rout slows

* European stocks boosted by upbeat earnings * China blue-chip index closes up 0.2% * Yuan edges back from three-month lows * Dollar makes marginal gains * Fed statement due at 2 p.m. EDT By Tom Arnold LONDON, July 28 (Reuters) - Global equities regained some poise on Wednesday as a storm in Chinese stocks showed signs of easing, while the dollar m
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Deutsche Bank optimistic on revenues after profit beat

* Longest streak of quarterly profit since 2012 * Shares open higher but early gains fizzle * Investment banking revenue drops as expected (Updates with CEO comments to analysts, shares) By Tom Sims and Patricia Uhlig FRANKFURT, July 28 (Reuters) - Deutsche Bank DBKGn.DE on Wednesday delivered a fourth consecutive quarterly profit for the first tim
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Take Five: The great Fed conundrum

July 23 (Reuters) - 1/TALKING TAPER The U.S. Fed meets on Tuesday and Wednesday and looks set to debate when and how to kick off a bond taper, even as a surging Delta variant caseload revives economic risks from a pandemic many policymakers had hoped was drawing to a close. In June, officials launched the discussion over when to start cutting month
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Take Five: The great Fed conundrum

July 23 (Reuters) - 1/TALKING TAPER The U.S. Fed meets on Tuesday and Wednesday and looks set to debate when and how to kick off a bond taper, even as a surging Delta variant caseload revives economic risks from a pandemic many policymakers had hoped was drawing to a close. In June, officials launched the discussion over when to start cutting month
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