Morgan Stanley Presentation Highlights Changing Banking Paradigm

Morgan Stanley (NYSE:MS) executive vice president and chief financial officer Ruth Porat recently gave a presentation at the Barclays CapitalFinancial Services Conference that highlights important changes in the banking industry (and argues that Morgan Stanley is well-positioned as a market leader, of course). Morgan Stanley: Electronic trading As electronic trading has grown in popularity and complexity the way that client judge banks has had to change – even abstract notions like trustworthiness have had to adapt. In the past clients may have decided to trust bank based on the people in charge and how well it could be expected to…