You are here

Morgan Stanley to grow private banking business in Asia

Group will leverage its investment and institutional banking business, says managing director

BT_20141120_LSMORGANSTANLEY_1375459.jpg
Morgan Stanley is not like the Swiss banks and it needs to differentiate itself from them to attract Asia's millionaires, says Mr Chui

Singapore

MORGAN Stanley, a bulge bracket Wall Street investment bank involved in some of the biggest initial public offers, isn't exactly a go-to private bank in Asia but the bank aims to change that. It was a leading player in the giant US$25 billion offering of Alibaba in September,...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes