Morgan Stanley Remains Conservative on Risk
Posted by: in Home Mortgage Online, tags: Accounting, Assets, Balance Sheet, Billions Of Dollars, Dark Days, Disasters, Excerpt, Financial Crisis, Franchise, Gold, Goldman Sachs, Market Share, Morgan Stanley, Profitable Quarter, Random, Risk, RivalsRandom Feed wrote an interesting post today on
Here’s a quick excerpt
Compared to Goldman Sachs, Morgan Stanley seems to be taking its time to rebuild its franchise and recoup the market share it lost during the dark days of the financial crisis. But Morgan Stanley is not taking any chances and appears to be preparing for some future disasters as well as an accounting rule change that could force the firm to bring billions of dollars of assets back on to its balance sheet next year.Morgan Stanley’s first profitable quarter for the year has come as rivals like Gold
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