Share

Morgan Stanley CEO James Gorman on the nearly $1 billion in losses tied to Archegos meltdown

Morgan Stanley posted record earnings for the past quarter, but grabbing the headlines are the disclosure that they lost $911 million relating to the Archegos Capital blow-up. Here's what CEO James Gorman said about the losses on the earnings call.
04:03
Fri, Apr 16 20212:53 PM EDT