By Steve Gelsi, MarketWatch
Morgan Stanley is reassessing its plan to spin off Discover credit-card operation, The Wall Street Journal reported Friday.
In April, the bank had said it was pursuing a spinoff.
A big concern is that the credit-card unit may need a bigger capital infusion from Morgan Stanley to become a stand-alone, publicly traded company, the Journal article said, citing people familiar with the matter.
For this complete story, please visit Morgan Stanley weighs Discover spinoff.
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