Morgan Stanley CEO Denies Possibility Of Big Banks’ Break Up – ValueWalk Premium

Morgan Stanley CEO Denies Possibility Of Big Banks’ Break Up

Morgan Stanley (NYSE:MS) CEO James Gorman has stated that there is little likelihood of the federal government supporting a break up of the country's biggest banks, reports WSJ. Gorman stated that he actually expects firms in the industry to get larger, as smaller regional banks consolidate in a bid to meet higher costs.

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