Morgan Stanley talks reform

Harrison Young, head of FIG at Morgan Stanley, talks about reforming Asian banks and why they shouldn''t be controlled by families.

FinanceAsia Is Singapore over 50% of your FIG business

Harrison Young No, it's not more than 50%, but it might be around 50% on a revenue basis.

Is that a number which is a short-term blip

A lot has been going on in Singapore. But in the greater scheme of things, while it is an important market, it's only 3 million people, in a region with 2.5 billion.

It takes Asia's top 75 banks to reach an equal...

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