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Morgan Stanley CEO Says Crypto Isn’t a Fad, Though Not Seeing Much Client Demand

“For us, honestly it’s just not a huge part of the business,” CEO James Gorman said on the bank’s earnings call.

Updated May 11, 2023, 4:07 p.m. Published Oct 14, 2021, 7:47 p.m.
James Gorman, chief executive officer of Morgan Stanley (Simon Dawson/Bloomberg via Getty Images)
James Gorman, chief executive officer of Morgan Stanley (Simon Dawson/Bloomberg via Getty Images)