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Can Morgan Stanley's CEO build a better bank?

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Content provided by Financial Times & Pushkin Industries, Financial Times, and Pushkin Industries. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Financial Times & Pushkin Industries, Financial Times, and Pushkin Industries or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Ted Pick became chief executive of Morgan Stanley earlier this year. In a recent letter to shareholders, he touted “the integrated firm” as a model for the bank's future. But it’s not a new idea, and it’s one that has proven very hard for banks to actually do. Today on the show, Rob Armstrong asks the FT’s US banking editor, Josh Franklin, if it’s even a good idea. Also we short the US housing market and summer in New York City.


For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer


You can email Robert Armstrong at robert.armstrong@ft.com and Katie Martin at katie.martin@ft.com.



Hosted on Acast. See acast.com/privacy for more information.

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112 episoade

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Can Morgan Stanley's CEO build a better bank?

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Manage episode 425948923 series 3483934
Content provided by Financial Times & Pushkin Industries, Financial Times, and Pushkin Industries. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Financial Times & Pushkin Industries, Financial Times, and Pushkin Industries or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Ted Pick became chief executive of Morgan Stanley earlier this year. In a recent letter to shareholders, he touted “the integrated firm” as a model for the bank's future. But it’s not a new idea, and it’s one that has proven very hard for banks to actually do. Today on the show, Rob Armstrong asks the FT’s US banking editor, Josh Franklin, if it’s even a good idea. Also we short the US housing market and summer in New York City.


For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer


You can email Robert Armstrong at robert.armstrong@ft.com and Katie Martin at katie.martin@ft.com.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

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