Report
Michael Wong
EUR 147.86 For Business Accounts Only

In the Near Term, Morgan Stanley Has to Rely on Cost Control and Banking to Increase Returns

With Morgan Stanley’s seemingly cautious tone in regards to capital returns, it will have to rely largely on cost reductions and its wealth management business to meet profitability targets. Similar to other investment banks, Morgan Stanley booked strong growth from the previous year, up 22% on a pro forma basis, but net revenue was flat sequentially. Of the $1.6 billion revenue increase from the previous year, $900 million was from a 150% increase in fixed-income trading and the remainder was m...
Underlying
Morgan Stanley

Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates, the company advises, and originates, trades, manages and distributes capital for, governments, institutions and individuals. The company's segments are: Institutional Securities, which provides investment banking, sales and trading, lending and other services; Wealth Management, which provides brokerage and investment advisory services, financial and wealth planning services, stock plan administration services, annuity and insurance products, residential real estate loans and other lending products, banking, and retirement plan services; and Investment Management, which provides investment strategies and products.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Wong

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