Perfect timing as Morgan Stanley to complete Smith Barney deal for $4.7B
Morgan Stanley gets regulatory OK to wrap up the deal for Smith Barney as early as next week. Is CEO James Gorman smart or lucky?
There's no time like the present.
With interest rates on the rise and the beginnings of a potential rotation from bonds to stocks in the retail investment community, Morgan Stanley will complete the purchase of the Morgan Stanley Smith Barney joint venture from Citigroup Inc. as early as the end of
Learn more about reprints and licensing for this article.
