Morgan Stanley's (MS) Expansion Efforts Aid, High Costs a Woe
Morgan Stanley(MS) ZACKS·2024-08-08 12:12
Morgan Stanley (MS) has been continuously making efforts through strategic expansion initiatives to focus on operations that are less capital markets dependent. However, persistently rising expenses and the uncertain performance of the trading business are concerns.Morgan Stanley’s strategic buyouts, which aim to increase dependence on reliable revenue sources, are commendable. Driven by these efforts, its Wealth Management ("WM") and Investment Management ("IM") segments’ aggregate contribution to net reve ...