Estimated reading time: 0 minutes, 17 seconds

Morgan Stanley Expected to Generate Strong Profit Growth

Morgan Stanley Chief Executive James Gorman says the firm’s push to manage assets for wealthy individuals could boost profits by as much as 25% this year. So reports Reuters.

Gorman has emphasized the bank’s wealth management business to help offset the erratic nature of revenues from trading and corporate advisory services.

Read the full article from Reuters.

Read 5502 times
Rate this item
(0 votes)

Visit other PMG Sites: