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Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‘very good buys’

Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were “really very good buys.”

U.S. import prices post largest gain in more than a year

Stock market live updates: Dow bounces 600 points, reopen trades back on, United pops 11%