| 1 | If Morgan Stanley issues stock in a new company, it charges the company a commission of around seven per cent. | |
| 2 | Gorman, 51, turned Morgan Stanley's retail brokerage business, long a weak performer, into one of the most profitable in the industry. | |
| 3 | Even so, a further shift towards longer-term unsecured financing will be the price of survival for Morgan Stanley in particular. | |
| 4 | He said it was unlikely that CIC would pull out of institutions such as Morgan Stanley and Blackstone because it would lose too much money. | |
| 5 | It was 10 years ago this summer when, as chief economist for the investment bank Morgan Stanley, I first argued that an unbalanced world was in need of major realignment. |
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