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Morgan Stanley (MS) CFO says introductions from its investment banking are helping to create more net new assets for their wealth unit - conference call

Newsquawk Staff ·

Morgan Stanley (MS) CFO says introductions from its investment banking are helping to create more net new assets for their wealth unit - conference call.

What it means

Morgan Stanley's CFO highlighting the positive impact of investment banking introductions on their wealth unit's net new assets indicates a strong synergy within their business lines. This could signal not just a solid performance in wealth management, but also improved cross-selling capabilities, which might bolster investor confidence and support the stock in a competitive environment. Overall, this suggests a promising outlook for revenue growth in their wealth management segment amidst current market conditions.

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