Morgan Stanley elbows out rivals for plum role in $1.5 billion IPO relaunch: sources

Morgan Stanley has usurped rivals including Deutsche Bank, Citigroup, Credit Suisse and Goldman Sachs to lead the relaunch of a $1.45 billion IPO - Hong Kong's second-largest this year - in an unusually brutal shuffling of banks' roles on a big deal.

from Reuters: Business News https://ift.tt/2PbwJ6T