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Gorman told an internal staff meeting that the bank had worked "100 per cent within the rules" in heading the $16 billion stock issue, AFP quoted a person who was at the meeting.

Morgan Stanley has insisted that it followed "the same procedures for the Facebook offering that it follows for all IPOs".
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Barbados News.Net generates breaking news from across the island nation.
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Barbados News.Net has been reporting news from the Bahamas for well over a decade. This online news service, established in 1999, additionally provides global news and business reports.