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JPMorgan, Morgan Stanley join fee cutting drive

Author: Charlotte Edmond and Emma Sadowski

27 Nov 2008 | 05:55 | secure

JP Morgan and Morgan Stanley are among a roster of leading banks attempting to slash fee agreements with panel law firms. Both banks are known to have contacted preferred advisers within the last month with a view to securing a reduction in fees - thought to be up to 15% - going forward. Banks inclu ...

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