Argus
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Oct 14, 2026
Morgan Stanley: Investment banking upcycle continues
Summary
Morgan Stanley is a diversified global financial securities firm. Its businesses include institutional securities sales and trading, investment banking, retail securities brokerage, and institutional asset management. Mitsubishi UFJ Financial Group, one of the largest banks in
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Analyst Profile
Stephen Biggar
Director of Financial Institutions Research
Stephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and broadcast media discussing the equity markets. Previously, he was the global director of equity research for S&P Capital IQ. He holds a degree in economics from Rutgers University.
