Morgan Stanley says not exposed to VW or Citadel

Newswire

NEW YORK, Oct 28 (Reuters) - Morgan Stanley , slammed by market speculation that the bank had suffered losses related to hedge fund Citadel Investment Group and to automaker Volkswagen , said on Tuesday that it had "virtually no exposure."

Spokesman Mark Lake, knocking down rumors that had pushed Morgan Stanley's shares down 11 percent on Tuesday, said the New York bank did not bear any exposure ...

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