Announces goals: ROTCE 20%+; Efficiency ratio less than 70%; WM pre-tax margin 30%+; WM net new assets $1T every ~3 years. Sets longer term goal of $10T in client assets. Comments taken from investor presentation slides.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on MS:
- Options Volatility and Implied Earnings Moves Today, January 16, 2024
- TipRanks’ All-Star Analyst – Who is the Best on BAC Stock?
- Boston Consulting Group: Banks Can Create $7T in Value
- Options Volatility and Implied Earnings Moves This Week, January 16 – January 19, 2024
- Morgan Stanley to pay more than $249M to settle SEC fraud charges