tldrdailynews.com logo

Morgan Stanley CEO Warns of Lower Margins and Economic Risks

1 min read
Source: Bloomberg
Morgan Stanley CEO Warns of Lower Margins and Economic Risks
Photo: Bloomberg
TL;DR

Morgan Stanley's stock fell as new CEO Ted Pick faced investor skepticism over the firm's ability to meet goals in its expanding wealth business, with lower wealth-management margins expected to persist according to the bank's executives.

Topics:businessfinance#finance#margins#morgan-stanley#stock#ted-pick#wealth-management
Share this article
  1. Morgan Stanley Drops as Firm Warns of Lower Margins in Wealth  Bloomberg
  2. Morgan Stanley revenue tops estimates, but CEO warns of geopolitical, economic risks ahead  CNBC
  3. Morgan Stanley Warns of Lower Margins in Wealth Business  Bloomberg Television
  4. Investors give new Morgan Stanley CEO Ted Pick a rough reception as stock falls 4%  Yahoo Finance
  5. New Morgan Stanley CEO trims outlook, pledges to stay the course  American Banker

Want the full story? Read the original reporting

Read on Bloomberg