Is Morgan Stanleys performance an indicator for what MBL might do this year?? MBL could hook the same type of % rise? Maybe not as big, but my belief is that there is plenty of room for an upside surprise...
Look at the size of the deals being conducted nowadays... big deals, bigger fees...
Mack drives Morgan Stanley to double profit turnaround
James Doran, Results
June 23, 2006
JOHN MACK'S first year at the helm of Morgan Stanley has been hailed a success, with the investment bank doubling its profits.
Exceeding all Wall Street expectations, the group yesterday reported profits for the three months to May 30 of $US1.96billion ($2.65 billion), compared with $US928 million in the same period last year.
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macquarie bank limited
Is Morgan Stanleys performance an indicator for what MBL might...
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