Morgan Stanley CFO Ruth Porat: Private Bank Biggest Driver Of ROE

Ruth Porat, Chief Financial Officer at Morgan Stanley (NYSE:MS), spoke with Bloomberg Television's Stephanie Ruhle and Erik Schatzker today at the Milken Institute 2014 Global Conference. Porat discussed the company's first-quarter performance and outlook, high-frequency trading, and women in executive roles on Wall Street.

On whether Morgan Stanley is in the post-regulatory world, Porat said: "We think we are pretty close to it.  We have meaningfully reduced risk related assets…we have also made investments in technology.  So as the . . .

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