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Better Buy: JPMorgan Chase or Morgan Stanley?

Better Buy: JPMorgan Chase or Morgan Stanley?

JPMorgan Chase (NYSE: JPM) and Morgan Stanley (NYSE: MS) are two of the biggest investment banks in the world. This bear market cycle has been a mixed bag for financial firms -- banks and wealth managers have done relatively well, while investment banks and asset managers suffered. While these two investment banking giants have major similarities, there are some key differences between them.