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Morgan Stanley Exclusive: Gorman’s New Banking Strategy Explained

Morgan Stanley CEO, James Gorman, recently expressed confidence in the long-term success of their alliance with Mitsubishi UFJ Financial Group, stating that he expects the joint ventures in Japan to thrive for another decade.

Morgan Stanley's office building stands as a symbol of their enduring presence amidst news of strategic alliances and leadership changes. PHOTO: Mark Kauzlarich | bloomberg
Morgan Stanley NY office building stands as a symbol of their enduring presence amidst news of strategic alliances and leadership changes. PHOTO: Mark Kauzlarich | bloomberg

This partnership between the American bank and Japan’s largest banking group was established during the global financial crisis, with a $9 billion investment from Mitsubishi UFJ for a 20% stake in Morgan Stanley.

To deepen their ties, the two banks decided to reorganize their Tokyo-based joint securities

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