Morgan Stanley Looks To Add To Asset Management Unit, CFO Says
PYMNTS
FEBRUARY 27, 2020
The bank plans to keep its eyes open for smaller mergers that could help build its asset management unit, said CFO Jon Pruzan at an investor conference on Thursday (Feb. Wealth management deals are off the table for now, though, he noted, while Morgan Stanley finishes the $13 billion acquisition of E-Trade. financial industry.
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