Morgan Stanley Expects Capital Relief After Fed Overhaul
Morgan Stanley expects lower capital requirements as the Federal Reserve softens proposed banking rules. The bank reported strong first-quarter profits today.
Xurve View
Insights:
Xurve View
MORGAN STANLEY anticipates that its capital requirements will either remain stable or decrease slightly as the United States moves toward a revised regulatory framework. Chief Financial Officer Sharon Yeshaya noted that the bank expects a neutral to modestly positive outcome regarding capital release following the Federal Reserve's decision to soften proposed drafts of the Basel III and GSIB surcharge rules.
We expect, or would think that right now, wed be neutral to modestly positive in terms of a capital release.
