Morgan Stanley Loan Book Growth: More Risk Than Reward?

At the beginning of February, Goldman Sachs’s chairman and CEO, Lloyd Blankfein told investors that the bank is willing to deploy more capital in its beaten up fixed-income, currency and commodities trading business to respond to a ” more attractive opportunity set” in the current market environment. This announcement from the bank followed it’s 2017 results, which recorded a steep drop in FICC Trading income of 30% to $5.3 billion. Even though the entire industry suffered a drop-in revenues, Goldman’s declined was the largest. Chinese Shadow Banks De-Levering, But No One Knows What Lies Beneath Morgan Stanley: US Political Risk…