Key insight: Morgan Stanley, which reported a solid fourth quarter and a strong 2025 overall, left its financial targets as is. Expert quote: "We are going to not push on robust objectives, when in fact 20% returns are pretty darn good." — CEO Ted Pick Forward look: During the fourth quarter, the investment banking giant got closer to its target of securing at least $10 trillion in firmwide client assets. Morgan Stanley reported an earnings beat for the fourth quarter, reflecting a surge in investment ...