The new man at Morgan (part 2)

When Morgan Stanley hired Alasdair Morrison, doubts arose about his calibre as an investment banker. Yet he contends that his managerial skills as well as his CEO's mindset is what makes him relevant in his new post. In the second half of our exclusive interview, Morrison and Mario Francescotti discuss investment banking in Asia, China and CICC, confusion over PCCW and cross-shareholdings.