Goldman Is Worth Less Than Morgan Stanley for the First Time in a Decade

Estimize founder and CEO Leigh Drogen discusses the performance and earnings outlook for U.S. banks.(Source: Bloomberg)

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January 17, 2018 at 4:16 PM EST

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It was a nice run.

For the first time in over a decade, Goldman Sachs Group Inc. is worth less than its longtime rival, Morgan Stanley, at least in the eyes of equity investors.

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