Morgan Stanley (NYSE:MSpK.PFD)
$ 24.93 -0.06 (-0.24%) Market Cap: - Enterprise Value: - PE Ratio: 20.03 PB Ratio: 2.26 GF Score: 80/100
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Q2 2020 Morgan Stanley Earnings Call Transcript

Jul 16, 2020 / 12:00PM GMT
Release Date Price: $26.83 (+0.90%)
Operator

Good morning. I will be reading a statement on behalf of Morgan Stanley. Today's presentation will refer to Morgan Stanley's earnings release and financial supplement copies of which are available at morganstanley.com.

Today's presentation may include forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially. Please refer to our notices regarding forward-looking statements and non-GAAP measures that appear in the earnings release. This presentation may not be duplicated or reproduced without our consent.

I will now turn the call over to Chairman and Chief Executive Officer, James Gorman.

James Patrick Gorman
Morgan Stanley - Chairman & CEO

Good morning, everyone, and thank you for joining us. As you all know, over the past decade, we've dramatically transformed our business model. We've grown the contribution of more durable balance sheet-light sources of revenue, investing in Wealth Management and Investment Management while maintaining our leadership position and taking

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