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.
Lord What are your plans for the core investment banking business over the next 12-18 months
Morrison I think one of the key strategies is to build on the existing core businesses. Morgan Stanley already has a very strong core platform both geographically and functionally. The main thrust will...