Morgan Stanley's Gorman Says E*Trade "No-Brainer"

The transcript discusses Morgan Stanley's strategic acquisition of E Trade, highlighting its impact on the company's trading and technology capabilities. The focus is on diversifying and strengthening wealth management and investment banking. The discussion also touches on industry consolidation and the strategic fit of acquisitions. Leadership and future plans for Morgan Stanley are also addressed, emphasizing teamwork and long-term vision.

What was the significance of the E Trade acquisition for Morgan Stanley?

What strategy does Morgan Stanley have in place regarding diversification?

How does the acquisition of E Trade enhance Morgan Stanley's trading business?

What does the speaker mean by saying the firm is in a constant state of motion?

How does the speaker view the future leadership of Morgan Stanley after the acquisition?