We talked to Morgan Stanley's commodities chief about her outlook for hiring, automation, and how plastics is a new hot business

Business Insider sat down with the business's chief, Nancy King, at Morgan Stanley's Time Square headquarters.

Nancy King has been running Morgan Stanley's commodities business in one form or another for the past four years. During that time, the investment bank slashed the size of the business and led many long time employees to the door. Without further ado, here's the Q&A of the meeting. The remarks have been edited for grammar and clarity, but not content.We're optimistic. It's generally been a good start. We've seen some volatility but not hyper volatility. We've also seen increased opportunities with clients. Nothing hugely outsized but just general flows on the corporate side. I'd say hedge funds have actually been a little bit muted this year.

Commodities is not the most dynamic part of the trading floor these days. Do you find it difficult to recruit into the business?

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

China is a key market for Tesla, but keep expectations 'very low,' Morgan Stanley saysTesla has ambitious growth targets in China that make Morgan Stanley 'cautious,' exemplified by recent trade issues, analyst Adam Jonas said in note to investors Wednesday. $TSLA needs to merge with $NIO. best to stay away from China, because of immense Technologieklau On the contrary. In China made Tesla will be cheaper in total costs and will therefore be more competitive on the global market. Expecting is greater profit, and the price of the stock will grow greatly.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Morgan Stanley CEO James Gorman: A trade deal will not lead to a 'meaningful' rally in stocksDon't expect a significant boost to stocks if and when the U.S. and China strike a deal on trade, Morgan Stanley CEO James Gorman said Friday. A one day 'pop' then, ya better be careful. SHORT SHORT SHORT There have been multiple warnings to get out for weeks...
La source: CNBC - 🏆 12. / 72 Lire la suite »