40 Burst results for "morgan stanley"

Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

00:30 min | 17 hrs ago

Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

"Follow me replicate through partnering and affiliates. They're definitely out there and they're definitely great qualified art nerves for an ARA. Also going to be. Tied into some bits of duties that you just need to go into your your eyes wide open that the bank takes care of for you. But having said all that we would not have done anything differently. It was very difficult to walk away from the money that Wall Street offers for you to go from one to the other. But if there's if there's one message that are people that take away, is that litmus test that we all did to ourselves which is. Ask yourself before you sign anything before you make a decision what would your plant won't you do and that's generally going to point you in the right direction through for yeah. It's a great one in. Thank you for sharing that for sure. Your firm is only a year old but I, hope that you will agree to join me again in the future, we can hear more about how you continue to execute on your wonderful vision. Thank you so much I appreciate the time. Have a great day. You. Too. As Jason put the industries in the midst of big seachange as such..

Jason
Raytheon doubles job cuts to 15,000, citing airline downturn

WBZ Afternoon News

00:24 sec | 1 d ago

Raytheon doubles job cuts to 15,000, citing airline downturn

"Raytheon Technologies is planning to eliminate more than 15,000 jobs this year at his corporate offices, jet engine maker Pratt Whitney and aviation in military equipment manufacturer Collins Aerospace, the chief executive officer. Greg Hayes announced the revised job cut numbers today during a Morgan Stanley analyst conference. The cuts are nearly double what the company had disclosed in July amid a downturn in the airline industry. During the pandemic

Pratt Whitney Chief Executive Officer Raytheon Technologies Greg Hayes Morgan Stanley Collins Aerospace Analyst
Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

00:50 min | 17 hrs ago

Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

"Use of the biggest medical center in the country and the CEO that Medical Center daily update from on Paces. So we're watching this thing incredibly closely but you know everyone you know no one knows what the future Aliu saying. They did snow that we're going to have to live with a lot. And do you think it would have been easier to have been an employee of Morgan Stanley or any brokerage firm than being business owner in other words if you sort of had an etch sketch and could do it again, where would you prefer to be writing this pandemic out? I think it'd be harder. It Goes I. Think if you look at the way organ Stanley had US physically bigger which I don't think it's any real different than anything bank. I mean we were like sardines on a trading deaths back tight and to my knowledge. Even in Houston, the Morgan Stanley advisors have not come back to office. So I think by virtue of the way, our visible figuration we never shut our office down. We were able to. To work throughout this whole thing in our space the you know for the people that say, Oh, I'm so efficient working for is this good I just don't buy that.

Morgan Stanley Medical Center United States Aliu Stanley CEO Business Owner Houston
September FOMC Meeting Preview: The Fed Waits for Congress to Act

Bloomberg Businessweek

00:46 sec | 6 d ago

September FOMC Meeting Preview: The Fed Waits for Congress to Act

"Focus will be shifting to the Federal Reserve and next week's Fed meeting, of course, complete coverage here on Bloomberg Radio. Andrew Sheets is chief cross assets strategist at Morgan Stanley in London. We can't simply coast on an expectation of The central banks will solve all problems and I think this is what makes the debate around US fiscal policy. So important is that I think we're facing a really key decision point. Or how the economic growth in the U S, like going forward, And we think that would matter for markets even if the head keeps policies, and he was interviewed this morning on Bloomberg Surveillance, the 10 year Yield 100.66% Gold down 3/10 of 1% 1940 ounce crude West Texas Intermediate Up 2/10 of 1% 37 39 a barrel

Bloomberg Radio Andrew Sheets Bloomberg Surveillance Federal Reserve Morgan Stanley United States London Texas
Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

00:32 sec | 17 hrs ago

Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

"To that prospect the security of their assets. In. Of the first few minutes of that presentation Jens them over. The. Perceived risk of having your money at a boutique small firm that perhaps doesn't have the same Brando Ernest that it me Morgan does mortgage. As you know, it's all about where the money's sitting in the safety of those dollars and you know I can make a case that safer sitting at twelve than any other events. And how about the ability to recreate or best the platform and technology that you her wirehouse employees? Interestingly enough we were using out of our at Morgan Stanley Morgan Stanley was charging US sport. So we were paying a heavy tax to use it, and so we went into it was part of our offering through dynasty,.

Morgan Stanley Morgan Stanley Brando Ernest Jens United States
Will Coinbase Do a Token Offering When It Goes Public?

Unconfirmed: Insights and Analysis From the Top Minds in Crypto

03:55 min | 2 months ago

Will Coinbase Do a Token Offering When It Goes Public?

"Big News coming out of this week. Coin base is exploring going public. Tell us more about this news. Hell firm, it is and how and when they Mico public. I don't know if this would count as big news 'cause. There's a kind of a Genera in reporting. You say big startup is rumored to go Public Co.. Of course there are that supplant we own point base is going public. Insist like writing things saying Robin Hood is expected to go public maybe this year. You know I mean there's ten companies you could write that headline about and I. Mean You know I. Don't WanNa. Be ungracious by thought that story. It was Kinda thin because I don't think. There's anything to it I mean coin basis is been rumored to go public this year for a long time, and is he? They're going to happen late this year or next year, so I'm not really sure what the news is here. Yeah I guess. You did mention I'd when we talked about your book. The last thing you came on the show so I mean just in terms of. White Reuters reported how firm. was what they were reporting in terms of like any SEC registrations or anything more formal like that. Talk to a couple of sources close to the company, and initially Reuters was going to try to run with the you know saying that like Morgan. Stanley had was going to be the underwriter and that's clearly not true. And them, saying there's a direct listing I mean. I think that could be possible, but I think the most interesting thing is can be what serve IPO. Is it the? because I know it went talked to fritters from recently one of the cofounders Aucoin base. He hinted strongly this some sort of token issue, and so I think it could be America's First Combo ICO AN IPO which would be super cool, so that's what I'm waiting to hear about. You know in terms of whether they're going public. Yeah, of course, they are but I think that part of the story is what's most interesting to me and so for that. Do you have any more details on what that might look like? Would it be kind of? You know I for some reason. I don't get the feeling. It's going to be the kind of issues that we saw in two thousand seventeen bio. There are these will. Does that have been happening the initial exchange offerings any details on what form might take. Now they're playing cards close to the best on that and I know I think as base has got more corporate a you know. I think there's a push Gillette appeal everyone does, but I think a lot of the people at the company including the light coders who work there are real believers in Crypto, and it would be sort of lame if they just did A. A Garden Variety IPO, so but in terms that regulatory part. That's hard I mean. Are they going to do a cell tokens to accredited investors, and then the cell general shares to the public, or can they get the sec to bless some token, and which could happen because we've been watching coin basic, really been spending a lot of energy hiring Washington insiders. You saw just hired. Judge Paul Gruel who's fairly prominent, a former federal judge, and then they have their former child council Brian Brooks went to be the head of the Worcester called the office of the comptroller. The currency control. Pronounced, controller I learned that. We should notice been our I should know by now. But. That's you know they oversee all the banks, so you can obviously see them. Trying to put a political lobbying pushed onto kinda. Get a blessing for this and censor the most mainstream crypto company. You know who knows maybe they will get You know they will get a blessing to do a token offering, but I'm pretty sure whatever's going on. They're gonNA cold. It really tightly 'cause leaking. The stuff is just going to piss off the regulators and could imperil. Enlisting so this is speculation. I mean who knows maybe they'll chicken out. Just raise the cashier ordinary way. I think a lot of Crypto community. Hope to do something more ambitious.

Stanley SEC White Reuters Public Co Robin Hood Cofounders Aucoin Wanna Judge Paul Gruel Gillette Brian Brooks Morgan America Comptroller Washington Worcester
Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

00:37 min | 17 hrs ago

Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

"And the owners of these farms don't mind sharing notes and trying to help each other. And I'm actually found that even outside of the network I've talked to business owners that dealt use dynasty that have been very helpful offer offered be adviser pointed out the goals which has been very refreshing. I WANNA pivot a second back to the wirehouse world you left, and this is not a pick on the wirehouse world and certainly not to indict Morgan Stanley I'm sort of thinking about it more in general but a lot of advisors who are would be breakaways look everyone who wouldn't want more freedom and control which are the hallmarks of being. Independent, but there are a lot of things that are worrisome about it at least as far as people that are not there yet. So one of the concerns is leaving behind a big brand name. Do you think that your clients or prospects? Is there anyone that had a problem with who is Americana partners versus on Morgan? Stanley or Merrill Lynch or UBS? Now I think there's just as many prospects out there and clients that appreciate the independence. As there are that might appreciate the security if you will of being a big firm of brand name because really you can poke holes in that and you can. Get a prospect comfortable with the fact that all your money sitting at trump right all your money shit with. Whoever you custodian as Ria I, think explaining.

Morgan Stanley Merrill Lynch UBS
U.S. Unemployment Rate Fell to 11.1% in June

KCBS Radio Weekend News

03:41 min | 2 months ago

U.S. Unemployment Rate Fell to 11.1% in June

"Report, released this week went beyond expectations, with the unemployment rate falling to just above 11%. But not everyone gets to see that silver lining for more case. CBS's Jennifer Hodges spoke with George No. Chetty. Morgan Stanley Financial adviser. Did these numbers mean that the economy is Ah, I guess you could say, roaring back or now. Well 4.8 million jobs reported is an historic record. We have never had that much job growth in one moment and the part of month we're up over two million, so you take the two months together, and it looks like a V shaped recovery. Very quick Recession. And a very quick uptick even though we're not there yet we are increasing and adding ah, number of jobs. But the unemployment rate, which is interesting, also has fallen to about 11%. That's really good, down from about 19%. However, the recovery has really been uneven, especially for people of color it's been and even the white unemployment rate is about 10% and the black unemployment rate is 15% so we still have a big big disparity. I'm really high unemployment in the areas of people of color. Who else has affected in terms of those differences like you mentioned as faras that not being even across the board anyone else that's or any sector if you will, That's kind of unusually still hit hard. The first group that's really been hit by this are the hourly workers and people with lower pay. Those are the ones that have been first in this in this recession. And so they have really struggled the most. But if you look at sectors if you look restaurants And hospitality That's been the largest hit and so in this job's report, they're the ones that have come back first to some extent, about 740,000 new jobs created on the retail side. Education and health services have added about 568,000 last month Manufacturing, which is good added about 365,000 but we still have a lot of people that are on unemployment. But if the jobs keep kicking up, that'll be good. Now the only thing that will hurt us in terms of adding more people to the job roles will be covert 19. That's really the wild card here. If the numbers keep increasing That will double delay consumer confidence people getting out there wanting to shop money to buy things more people will will not get jobs because of that, so we really have to manage covert 19. And make sure that we're you know, we're in a mask, washing her hands and distancing ourselves so that we could get people back to work and get the economy going. I can't remember George, where I read it yesterday, But I read a piece yesterday talking about unemployment, and they were saying that Ah Things were starting to improve, but that more and more people are losing jobs permanently like so a lot of furloughed people are finding that they're going back. But there are quite a few people that are losing their jobs permanently. That's true in a post Kobe 19 environment, Uh, work is different jobs as we know that are really changing right now and so. Some of the jobs Aaron transition there reinventing themselves. Um, but more people are coming back to work and jobs will change and that'll create other opportunities as we go forward. But right now, after jobs fell off a cliff in the middle of February, we're seeing a big uptick in jobs being created. So that's all good. But this recession will take time We're looking at. Probably not until 2021 that we start to see employment numbers, you know, really, really come down not to where they were. Probably in the 56% range down from the 11% right now. That's George No Chetty. Morgan Stanley Financial Advisor, a

George No Chetty Morgan Stanley Financial Morgan Stanley Financial Advis George No CBS Jennifer Hodges George Aaron
Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

00:28 sec | 17 hrs ago

Fresh update on "morgan stanley" discussed on Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

"Set this up all the custodians of forty saw early part and they kind of have a playbook and in health negotiate kind of best. Pricing given their their their assets that they represented cross fifty calls, and then the other thing they do. I. Think this existed you know I will give Wall Street credit where credit's due I think definitely existed with voted Stanley and Sarah's as a real sense of camaraderie amongst vw advisors within mortgage Stanley. So advisors from different regions, the mind sharing. You know what was working for them or what wasn't working for them because you know an adviser not really meeting with adviser in Houston in Alice. Felt like I. was going to miss that by going into in it, but it's been the exact opposite that environment exists within the dynasty network where these fifty earns you know I think we all appreciate the back that we've gone.

Stanley Houston Sarah
Airline Cash Flow

Airplane Geeks Podcast

05:44 min | 3 months ago

Airline Cash Flow

"All right our first story comes in from our Listener Linda. This is from one mile at a time surprising statistics about mileage, plus about united, mileage plus. In, we see that united has announced financing in the amount of five billion dollars secured through the airlines loyalty program. This is part of their to have seventeen billion dollars in liquidity by the end of September. Separately CNN reports that that's three times the cash. They normally have on hint. Of course all the airlines are. Struggling essentially with their cash flow situations and they they need to have. Cash on hand united is amongst them of course and It's it's an interesting strategy to take their mileage plus program and leverage off some financing based on that and the findings. He's GonNa come through Goldman Sachs Barclays. And Morgan Stanley and united will have seven years to repay that. These affinity programs like mileage plus our big business for the airlines united estimates that the value of their mileage plus program. If it was a standalone business, would be twenty billion dollars, so there's a lot of. A lot of revenue that changes hands here. We need Dan back as guest to explain all this 'cause. I tried to read how they mortgaged their frequent flyer program to raise five billion in my head started to hurt. Well I'm just thinking I I'm GonNa. Leave the show early right now because I'm GonNa, go start the airplane, Geeks, mileage plus program. I mean there's this is a twenty billion dollar business. We're wasting our time here, guys. I know it's It's pretty amazing so. The, the partners United Partners Pay United to award miles to their own customers, so says things like credit, cards and hotels when you earn united miles or mileage plus miles by reserving at a hotel or using a credit card. United gets a piece of that action and it adds up to quite a lot. So that large part of it comes from selling miles to other airline programs. I didn't see them call out specifically income from credit cards for example card I use most often still is the united mileage plus a credit card. I would imagine they must be earning. Some money from chaser manages that card. Even My my Hilton Program have the option the option of taking my awards, my my points, basically that I earned from staying at Hilton, properties and I, either get Hilton points which I can redeem for rooms, or I can get united, miles well Hilton. Kick something that United Four that for Hilton. There's value because it's you know. It's a service can offer its customers. If you look at the one mile at a time website. It gets down to break some of the stuff down. Like seventy one percent of the cat is offer twenty, one, thousand, nine hundred. Seventy one percent of the cash flow is from sales miles purchased by third party partners. But then when you look at how it was redeemed, ninety seven percent is redeemed by. using it on united. Right for travel, in yeah, only three percent of those milder redeemed for non travel rewards, it does make you start to wonder if the the planes are just kind of you know aside business. Instead they're making money off of mileage plus baggage fees. You wonder at some point Could this be one of these businesses where you know you give away the the razors for free, and you're making it all on selling razor blades. Absolutely I am particularly these days, but even you know even without the huge drop in air traffic is the result of the pandemic. Even before that the aircraft, just the promotional item Eb. Senses Yeah and in some in some way, so it's it's a really interesting business. It's not always what you What you think we also see here that you united his made an SEC filing an aide filing in in that filing. We learn a little bit more about the program. that united mileage. Plus program has over a hundred million members. And that fifty percent of United's flight revenue comes from mileage plus members. Which is that's? That's pretty high. Also the mileage plus program generated five point three billion in cash flow from sales in two thousand nineteen, and that's roughly twelve percent of United's overall revenue. So, Oh, another interesting The number here is it. The mileage plus program generated one point eight billion dollars in Eba, DA, which represents about twenty six percent of their total adjusted ebitda. That's. earnings before interest taxes depreciation and amortization. So that's that's sort of a A. Year of earnings from an operating standpoint, twenty six percent of united's basically operating earnings from this mileage plus

United Partners Pay United United Hilton CNN Goldman Sachs Barclays Morgan Stanley EBA DAN SEC
Apple, Microsoft Become First American Companies Worth $1.5 Trillion... On the Same Day

Business Wars Daily

05:01 min | 3 months ago

Apple, Microsoft Become First American Companies Worth $1.5 Trillion... On the Same Day

"Wednesday. Apple became the first publicly traded American company to reach a one and a half trillion dollar valuation. That's right. The Silicon Valley superstar continued at Sky High trajectory despite being close to foot traffic all over the world since March, perhaps even more remarkable than the news of Apples, record-breaking valuation was that the same day Microsoft also crossed the one point five trillion dollar mark share prices of Google and Amazon shot up as well although their market valuations didn't quite achieve such celestial levels. Prior Wednesday the only publicly traded company in the world. Worth that much was oil company Saudi Aramco it went public last December, so why the sudden jump in the market analysts say investors like big tech right now because lockdowns made us more dependent on technology for work and leisure than ever before stuck at home, we all downloaded programs like crazy from apple's for the load jumped by a third in the last couple of months according to Morgan Stanley, we also glommed onto the apple. Watch research firm strategy analytics. Apple sold close to eight million of the smart watches in the first quarter up almost twenty five percent from a year earlier according to Fast Company finally investors are looking ahead hopefully to apple's planned introduction of a five G. capable phone, the IPHONE twelve possibly by next month five G. is the next generation cellular network one that promises greater bandwith with and much higher speeds. And rebels in its financial success, it's also responding to global calls for civil rights on Thursday Apple. CEO Tim Cook announced that the company is investing one hundred million dollars in wide ranging racial equity initiatives from increasing its investments in education and training to better diversifying its workforce in supply chain. If apple is the darling of individual customers. Microsoft remains the choice of corporate America these days, a lot of corporate. America's employees are operating from the dining room table. In order to function companies are scrambling to provide workers with cloud, based productivity and communication software like Microsoft three, sixty five and teams, according to Barron's, but let's not give apple and Microsoft all the credit for their eye-popping valuations. Some of their boost came from. Shall we say irrational exuberance in the market overall now bear with me for a second because we're going to be explaining what happened in the market last week? which is a century in Covid nineteen time. Last Tuesday and Wednesday. Investors seem to want to believe that the pandemic was behind us. That reopening the economy would not only go smoothly, but that millions of unemployed people would get their jobs back fast. With hope, not necessarily evidence says its foundation. The market lifted to new heights. Investors were even gobbling up shares of companies in the hardest hit industries, airlines and hotels, and then evidence that we are not passed. The pandemic surfaced there are now more than two million cases of covid nineteen in America in the US more than one hundred ten thousand people have died according to Johns Hopkins University case counter spiking in several states that reopened around Memorial Day including California Florida, Texas and Arizona. Seeing these numbers investors hopes deflated, and many scrambled to sell on Thursday. The Dow Jones Industrial Average sank more than eighteen hundred points, the biggest single-day drop in the stock market, since March as many already warned, there had been no evidence that the virus was gone and the increase in cases prove those skeptics right now. Investors are worried about a dreaded second wave which could force lockdowns all over again at least regionally added to those worries remarks by Fed Chairman Jerome Powell on Wednesday. He warned that the recovery will take a long time. Time some people may struggle for years to find new jobs in some may never be able to return to their old industries. He said Powell's gloomy outlook, plus the coronavirus counts at up to wall. Street's sharp drop, but there were certain companies that seemed relatively immune. Yep, you got it. Apple and Microsoft, both fell slightly with the rest of the market. Apple ended the day just a wee bit under one point, five trillion and market value. Microsoft fell more, but don't cry any tears for them. They ended at one point four trillion. For Big Tech companies, more lockdowns means many of us will continue living and working in virtual worlds, and that means buying yet more. APPs streaming services cloud based software and the like what this means for the future of these longtime rivals, well those who like watching races or now anticipating who will reach two trillion dollars in valuation I apple or Microsoft? And went even with the economy sputtering when it comes to business wars in big tech. The goalposts just keep moving forward.

Apple Microsoft Fast Company Jerome Powell America Sky High Saudi Aramco Covid Google Tim Cook United States FED Lockdowns Johns Hopkins University CEO
Impact from the coronavirus-induced recession will be felt through the end of 2021, says Morgan Stanley chief strategist

10 10 WINS 24 Hour News

00:28 sec | 4 months ago

Impact from the coronavirus-induced recession will be felt through the end of 2021, says Morgan Stanley chief strategist

"Stocks head into today's session on track for a weekly loss market rally yesterday despite another surgeon weekly jobless claims Morgan Stanley chief strategist Mike Wilson says it'll take until the end of twenty twenty one when do the damage done by the pandemic we have a huge hole to fill from this recession the next six quarters before we even get back to where we were and and that process is what the markets trying to digest now we'll see readings today on consumer sentiment and April retail

Mike Wilson Morgan Stanley Chief Strategist
Remote working revolution, how coronavirus transformed work

Donna and Steve

02:13 min | 4 months ago

Remote working revolution, how coronavirus transformed work

"Up so the big picture they say is that you know office closures have now forced many companies to try remote working I think by and large folks are realizing their bit more success when it then they may have thought Google said a majority of googlers will work from home until twenty twenty one and Facebook will allow all employees who are able to work from home to do so even after it reopens offices after the July fourth weekend that's their plan not just tech by the way the pandemic also prompted members of the button down brigade like Morgan Stanley and Barclays in the banking industry to add security measures to allow employees to work from home to generally positive results no this is one negative all this working from home stuff one report found that the average work days have now stretched three hours longer since lockdowns began so maybe there are some new tasks that you have to take care of in there is a it's funny when you work from home there is a wonderful efficiency to it you're not driving in you're not driving back into the computer limited distractions but I think that there are other tasks that happen that you realize oh that's actually easier to get done if I'm just in the building with my coworkers there are some real estate implications to all of this is well this is what I'm thinking about but I think I think in the commercial real estate industry they say that this could signal a turning point for a commercial real estate trend that's been gaining some steam over the last century actually since the late nineteenth century company without an office has been no company at all but as the economic outlook gets bleaker anxious executives could eagerly ditch some leases while employees work from their breakfast nooks now commercial real estate leases often last I didn't notice ten years in very few firms are currently in a position to make tenure decision so if there's a firm replace a business that has a a lease up soon I would imagine well I think they have three options signed a ten year lease which feels daunting at this point the state of the economy a negotiate a shorter term shoot at least maybe a one or two year or just say you know what this has forced our hand here and now we will no longer have the brick and

Google Morgan Stanley Barclays Lockdowns Facebook
Building your personal brand.

Hacking Your Leadership

02:58 min | 4 months ago

Building your personal brand.

"Welcome to hacking your leadership. I'm Chris and this is talent Tuesday this short weekly segment dedicated to all things talent related before we begin. I have a small favored ask the Renzo and I are in the process of writing next leadership book and we've created a short seven question multiple choice survey to gather some data if you have about a minute to spare good hacking your leadership dot com forge last survey and give us some insight all right for this talent. Tuesday episode. I WanNa talk about your personal brand. Companies have brands including the one for which you currently work. Some people are fortunate enough to work for brands. That are admired. There's not so much whether the brand of your organization is known around the world or just within your particular industry. It's a good bet. There are people working hard to maintain or even raise the image of that brand everyday. People also have brands literally. Everyone does we all have that one friend who we know. We'll be late to the lunch meeting. We also probably know someone who if they were even five minutes late. We'd assume something terrible happen to them because they're just never late. Think about the people you work closest with is there one you'd reach out to. I ask for help on something. Is there one year so against asking for help that you'd literally rather not get an answer reach out? These people all have brands. You have a brand and I promise you. There is no single thing more important to the opening of doors in your career. Then your personal brand a leader and mentor. I highly respect once told me that the most important conversations impacting my career will happen without me even being in the room and his unsettling is that thought might be one hundred percent true. This is because people don't typically WanNa talk about you candidly while you can hear what they're saying especially the result of that conversation might lead to a dropping engagement or performance. They'd much rather you not even know you were considered but passed over for something unless there's a specific fixable reason and they believe you can actually fix it and even under those circumstances it'll be presented to you in a different way than how it was hashed out between your leader in their peers while there's no way to stop these conversations from happening without you. It's absolutely possible to control the narrative by controlling your personal brand Morgan Stanley. Vice-chairman Carla Harris has been using technique for years that I try to live by whenever I can. I pick three adjectives that I'd like people to think of me as I pick adjectives that align with the brand the values and the direction of the organization and I begin to take daily steps to associate myself with them. I find ways to self identify these things verbally to people with whom? I have conversations if I want to be known as trustworthy. I'll ask workers to confide in me and I'll tell them flat out untrustworthy. And that'll never repeat what they're telling me. This calls out the association between trust and ME TO THAT CO WORKER. Who is now more likely to think of me as someone they can trust. Plenty of trustworthy. People aren't ever known as such because while they do the work of actually being trustworthy. They don't do the equally important work of building their personal brand around it. If you're a leader of people or if you WANNA be one having a solid personal brand a requisite to being able to lead effectively it takes a long time to build and only a moment to destroy and it will undoubtedly stir the direction of your entire career. Thanks for listening and have a great

Carla Harris Renzo Morgan Stanley Chris Vice-Chairman
Stocks Fall on Recovery Fears and China Tensions

KYW 24 Hour News

00:34 sec | 4 months ago

Stocks Fall on Recovery Fears and China Tensions

"Of those money news down K. Y. W. we check in with Tom Busby a Bloomberg data they Brandon will economists from both Goldman Sachs and Morgan Stanley now say there is evidence of the world economy is starting to recover from the corona virus and all the rules restrictions placed on businesses and consumers but with about four minutes ago ahead of the opening bell on Wall Street it doesn't look like it Dow futures down two hundred eighteen point stocks long track to extend the losses we saw Thursday and Friday that's after president trump accused Beijing of creating the corona virus in a lab and then covering things up when it got out China denies the

Tom Busby Brandon Goldman Sachs Morgan Stanley Beijing China Bloomberg President Trump
Record 16.8 million have sought US jobless aid since virus

AP News Radio

00:41 sec | 5 months ago

Record 16.8 million have sought US jobless aid since virus

"In just three weeks roughly one in ten workers have lost their jobs with sixteen point eight million people filing for jobless benefits it's a staggering fall and PNC financial services gospel Shays says middle get worse this will be the worst month ever for job losses we're likely to see the unemployment rate a move above ten percent in the near term with the economy grinding to a near halt Morgan Stanley says non grocery retail business was down ninety seven percent in the last week of March compared to a year earlier airline passenger screenings are down ninety five percent and hotel revenue eighty percent Sager mag ani Washington

Morgan Stanley PNC Shays Ani Washington
Decade of Job Growth Comes to an End, Undone by a Pandemic

KCBS Radio Weekend News

04:16 min | 5 months ago

Decade of Job Growth Comes to an End, Undone by a Pandemic

"Week nearly ten million people in the US are now out of work for more we turn to the KCBS ring central news light were joined by George a Jedi he is Morgan Stanley's financial adviser and thank you very much George for joining us on a Saturday morning good morning wow I don't even know where to begin are are there higher concentrations of joblessness and say in certain parts of the country well this is a big deal and it's all been concentrated in forty five days just couple months ago we're bragging about the job reports you know creating two hundred thousand jobs a year and then in a very compressed way we're now in a recession people have to stay home so jobs are falling off the cliff we have the jobs report came out Friday and we lost seven hundred one thousand jobs now that ends a hundred thirteen months of job growth we were growing jobs for about nine point five years and now with code nineteen and stayed home roles jobs just dropped off a cliff and it's really impacted people that are working in the leisure hospitality a lost the majority of the jobs seven and fifty nine thousand health care law sixty one professionals lost fifty two thousand retails forty six and that's going to grow in construction is twenty nine and that number the second quarter's going to grow the March you know they passed a two trillion dollar relief package they're calling it and that may help a little bit but will it really make an impact over the period of time that the virus could be extended well this is certainly going to be the bridge but the but the second quarter is going to be very very painful for everybody until we have a solution for for covert nineteen having people identified little clusters of people being able to get back to work and until we have the stimuli exercise stimulus package is really a bridge package that the characters will definitely help employers who will be paid really to put employees back to work and place you are on unemployment right now we have ten million that apply for employment they're going to get a significant check while they're off work no fault of theirs I call it a unemployment on steroids in California the average unemployment check is bordered eighty dollars a week yeah with the with the character going to add on another six hundred dollars so you're unemployed you can get up to well over a thousand dollars a week up to fork over four thousand dollars a month and that's significant help bridge until we get through the second quarter to help gets on the way for covert nineteen money is us this comes into the system and they were able to get people back to work do you think at water and fourth quarter Saudi media rep George if you think as we go on with this that that there be more money in the pipeline even though we don't know how long coronavirus may last well it's very likely I mean we have a twenty two trillion dollar economy and it's very very diversified and the economy was just doing fine I mean it was slow growth up until really the middle of February and then everything changed and so the government the the the federal reserve is going to throw money at the credit markets to keep money supply a wide and credit for corporations the the I care act which is over two trillion dollars is can help stimulate families individuals and then there's gonna be other acts coming in to keep our economy alike because once we can solve this healthcare issue we really go back to work gradually and economy starts to come back not fully really chill about two thousand twenty one yeah I know this is not your field but the unemployment is causing so many stories out there of people who write are in such a terrible situation at we had a story on the network with the doctors now the janitor at the hospital yeah exactly well you know we really have to tell people you know keep your cool be patient businesses applied for their loans on Friday and of course everybody played at the same time so not everybody thought sure exactly was very cumbersome individuals who need to check who are on unemployment this gonna take another several weeks to get money but the money significant there both for business and individuals to keep us afloat until we can solve the virus I really caution everybody you know hang in there be calm the system is not set up for everybody to apply all of one time we have to be you know somebody patient because there there is significant cash for businesses and individuals which will help to bridge it until we can Saba's healthcare problem and get our economy back

United States Kcbs
The business outlook of the coronavirus outbreak

CBS Sunday Morning with Jane Pauley

02:19 min | 6 months ago

The business outlook of the coronavirus outbreak

"The impact of the coronavirus on our economy it's pretty clear it has been another wild week of ups and downs but despite record jobless figures some businesses are actually hiring they need workers and badly here's money correspondent Jill sausage the US economy has come to a screeching halt and business by business person by person the damage is piling up Elmer Maggie Connors has been a bartender in San Francisco for ten years I mean you go from being busy to have an nothing really and the new restaurant he planned to open it's on hold the one thing that kinda keeps me up at night which is like how do you provide for your family like me he con us a lot of people across the country are losing sleep we've just learned that weekly jobless claims totaled three point two eight million in the most recent week measured can you put that in historical context for us sure so millions of jobless claims in just one week that is about five times the amount that we received in any of the peak weeks around the financial crisis or any of the deeper downturn say in the nineteen eighties it's an extraordinary number and a sobering wanted at yes and Morgan Stanley's chief U. S. economist Ellen Zentner has more sobering news you and your associates at Morgan Stanley believes that economic output in the second quarter is going to drop by thirty percent from a year ago what is the backdrop for that and how did you come to that number yes so those are really grim numbers but it's the reality that you know this is unlike any other economic downturn that we've gone into companies are leading us to believe that anywhere from seventy five to ninety percent of economic activity has been cut in important areas you have a car dealership in New Jersey saying we used to sell forty five cars

Jill Sausage Elmer Maggie Connors San Francisco Morgan Stanley Ellen Zentner New Jersey United States U. S.
Exchange the US with Binance US CEO Catherine Coley

Messari's Unqualified Opinions

08:41 min | 6 months ago

Exchange the US with Binance US CEO Catherine Coley

"You just talk about that path and what you did previously and and how we got here today. Sir Super excited to share this with your listeners. They spend such a devout part of shaping the crypto ecosystem so. It's exciting to ship fan. But I began really as an experiential learner and in order for me to understand things I have to do them. There are auditory learners their visual learners in Connecticut. And I happened to be the last one so I really in order to understand how this world works at a throw myself into situations to understand them and one of the things that couldn't grasp was how the world works and I taking courses etc and always had something in the back of my head that I learned it. Was You know? Follow the money in history will teach you and so the best way to follow the money was to put yourself really in the middle of the largest flows in the world which was the foreign exchange markets and going onto a trading floor. And really witnessing what that was I read a book. Called Liar's poker in it changed my life so I mean that's that's the best way for me to understand how this world works is seeing really what people are identifying as news and what they're trading on and what swings. We're seeing in reaction and how they affect anybody else. So I got my start. On the Hong Kong trading floor at Morgan Stanley covering the onshore Asian currencies understanding that after the Asian financial crisis these countries had restrictions and limitations put on them to safeguard against potential attacks from others. So it was a very unique situation where my counterparts in. New York barely knew the difference between Malaysia System in Thailand system and yet I was super aware of those niche differences that opens and closes distinct their equities markets the the ability of having like an omnibus account versus having to do individual trades. There's another world out. There is really telling to why these economies are developing in certain way so I found it super fascinating and just enjoyed that case and the understanding a real pulse on how the world works but the world was changing so I during Dun Dun Dun during my time I witnessed it one of the jobs that I had was extremely manual. Had to move between a Bloomberg Terminal Reuters terminal and so no matter the automation that provided Skip that step and you just Kinda sat there. Frustrated blind like this is job security. They need me. I'm I'm the rotation of my My Body over here type this. There's something I can create mechanical. Do this for them but You just noticed that there were some frictions along the system. That really helped things back from going to the fully electronic funding we use the word electronic describing things this fast moving back then or now it's all digital so electronic trading was taking off the ability to put. Al Goes in the hands of your customer rather than facilitate a tea or time weighted average going through that on their own was something it was empowering your user or your customer really enjoyed being able to monitor and watch their activity. N- understood that they were getting the best price they weren't having a Middle Man. You know take things off based on how How they felt really And that that was something that we were seeing as a scaring factor on the sell side but an empowering factor when he thought about the market as a whole so I really pushed forward in dug into how electric trading and the fx platforms point be helping oftentimes told slowdown. This is ruining our enjoyable jobs as voice brokers to some extent so When I witnessed all that other Lucien I kept in the back of my head. Saying there's gotta be a better way. There's got to be faster way. I don't want any little girl to wake up and say today. I'm going to type on a Bloomberg terminal and rotate type on Reuters terminal and that's going to be why I went to school and why I continue to wake up every day. So the ability to automate that or make it moving away. Everyone can access. It was really exciting to me. So that's truthfully I think of it as I've been training for the Olympics. Those were the those were the early days that got me to say. I'm fired up about increasing the rates which we can offer institutional quality services down to the individual and streamline the whole process in itself. It boggles my mind. Three thousand people which is still small. That's the amount of sell side. Employees there are in exchange Three thousand people were dedicated to moving other people's money from one place another and ultimately that should come down further and further because moving money from you know pointed point being four axes. It's I don't know that the number of people actually changes is just the medium and the the forum through which these assets are changing hands is going to be different and it will continue to Also changed the Say there is like one person that is facilitating that trade for Hedge Fund. Then they're sixteen people dedicated to that one day. So you've got compliance. You've got your back office. You Bet your settlement team you. And if you can streamline those roles and provide alternatives for people we could have far more fulfilling in motivating experiences in life or for years and so I think there's a lot of those bottlenecks that our customers. They could be eliminated and really give people a sense environment. It's funny twenty. Fifteen was this era of blockchain. Not bitcoin right after crash and the pitch was basically about eliminating cost centers. That was the big thing that all the enterprise players got excited about an alone. Behold another entire market cycle passes in CRYPTO and. I think the reason that the public chains are so much faster aside from just the incumbents move slower by default is that twenty seventeen was all about. I can make a lot. More money with crypto. Right whether it's status you know trading whether it's market making whether it's you know creating an ICO and selling it and liquidating that is a much more compelling reason to adopt a new technology and finance than just we're gonNA limit costs right. It's like the vitamin versus painkiller. Headache get people addicted to like the the ICS drugs. There's a lot of bad things about that addiction. But you're starting to see some of the fruit born in kind of the next market cycle. Where did you come in full time to criticize? So I guess what were the exposure points that before you made the switch and what finally made you take the leap and enjoying ripple in Hong Kong. I'm twenty thirteen. Bitcoin was kind of something you bought on your p. a. just to watch is almost like a plant in your kind of like it's GonNa either grow or it's GonNa die. None of us really have too much skin in this worry about it and the other aspect of it was you were seeing in beginning to see a lot of activity taking place from these self-sided analysts in Hong Kong. One of them being Arner Hayes. It was a good buddy back when he's at Georgia And other people are taking notice so it was. It was triggering the minds of these trader types. Who Getting to see there's real value in what you mentioned the Arab the speculation The ability to to get behind this budding marketplace apply what we already knew from a larger perspective so I kind of had a cheat sheet in seeing the twelfth chapter of the book before the forward was written And so I kind of knew how the book would end in. It would only be a matter of. Did everyone knew that story. Conclusion when Up Story or did they WANNA milk it for a little while because a few of us weren't around in the eighties when markets were roaring. So I took that as an interesting thing but I really jumped in in the summer of two thousand seventeen. I was at Silicon Valley Bank catering. A lot of these texts that were beginning to use bitcoin. As a means of moving money between a places like vima non in wire those are some of the budding names that I was hearing about is like. I'm going to be on the upside of that. I want to be sitting here. Just asking them if they're hedging their effects when I could be helping them move this forward. So that's where I I saw I have linked for ripple and popped up. Asked exactly what I had in terms of my experience. Oftentimes you see something in you got. That's not really aligned. But I'm the one that knows that so I'm GonNa go for

Bloomberg Reuters Dun Dun Dun Hong Kong Sir Super Connecticut Thailand New York Hedge Fund Olympics N Headache Arner Hayes Morgan Stanley
Coronavirus: Stocks fall after global central bank action

Bloomberg Daybreak: Europe

03:39 min | 6 months ago

Coronavirus: Stocks fall after global central bank action

"And what a move from the fed to wakeup to Raja emergency shock and all you could call it but the market reaction shows some disappointment a cot to almost zero on interest rates and seven hundred billion dollars of asset purchases yeah and that was seeing other central bank action as well we've had the bank of Japan making a move that certainly didn't impress the markets we know the bank of Korea's doing something we'll send it to the reserve bank of India is having a press conference seen as well so a lot of action out there but certainly looking at the way it's been going this morning in Asia now because of your nature of people are not impressed no absolutely no I mean what you see from the central banks you mentioned a few that are of course the B. O. J. with a commitment to ETF purchases but stopping short of a rate cut we got a rate cut from the audience adds the all B. H. a potentially pledging more measures as well you start to wonder whether this does actually look like some global coordinated response from central banks but the question is is it too little too late and what is the move from the fed actually achieve of course has already achieved anything to prop up risk assets overnight but does it leave more time and more room for fiscal space what does it actually accelerated the urgency full fiscal measures to take place and of course the big agenda right in today is the G. seven cool between global leaders articles what might well be in their minds that horrendous data out of China I mean a real holiday this data that we've got from January February less than expected written record way that will build Burton I think people thinking about how this crisis is going to work itself out absolutely and last week of course we saw global equity markets tumble into bed market territory the stock six hundred in Europe gain some one percent on Friday right now we open it down at two point six percent so not quite as bad as some of the futures were indicating looking across regional equity benchmarks Roger using the footsie one hundred down two point two percent the ibex unfit see made both in the red just waiting to get an opening price through from the dax and CAC forty of course the swings in the U. S. market at the end of last week was starting Wednesday since nineteen eighty seven on Thursday best day since two thousand and eight on Friday futures are traded limit down and taking a look at where we are now one U. S. futures you're seeing S. and P. Dow and nasdaq futures all in lower by at least four and a half percent and then we get to the bull market the ten year treasury yields tumbling more than thirty basis points at one point in the Asian session went down twenty now to a seventy six handle with C. yields tumble across the U. S. because of the market seems to be debating for more from the fed or elsewhere at the two year yield at thirty two basis points down seventy was seen curve flattening so that tells you something as well about the market's reaction to Jerome Powell whatever it takes the ten year bond yield down three basis points negative fifty seven ten you guilty sixty basis points in FX markets are we see the yen jumped up more than one point three percent against the dollar at the moment so don't again I did fluctuate a little bit on the BOJ's decision but ultimately you'll see this as a reaction to the fed daily and that one percent what a six fifty we've also seen the Ozzy I use even dollars come under pressure from action and signals from those two central banks D. X. Y. Morgan Stanley says that you should be selling the dollar against the euro the Aussie and the loonie because a risk assets and the self that I would actually finding a bottom D. X. Y. at ninety seven Morgan Stanley sees ninety five on further dollar weakness I'm just taking a look at commodity markets you see oil WTI and Brent extend losses off to the worst week since two thousand eight Brent down four point four percent at thirty two thirty four dollars a barrel Raja yeah what a thing for you to return from holiday into your relaxation I'm afraid might dissipate quite

Coronavirus: Major American banks impose restrictions on international travel

Bloomberg Daybreak: Asia

00:35 sec | 7 months ago

Coronavirus: Major American banks impose restrictions on international travel

"Continued fallout from the corona virus ten on the list we have Citigroup Morgan Stanley and Wells Fargo telling employees not to travel internationally without approval from top company managers know this would expand early restrictions for countries where the outbreak is most severe sources also telling us that MetLife and bank of New York imposed similar restrictions last week you might recall JP Morgan chase took similar steps and Goldman Sachs is restricted all nonessential international travel and postponed indefinitely a conference scheduled for New York

Morgan Stanley Wells Fargo Jp Morgan Chase Goldman Sachs New York Citigroup Metlife Bank Of New York
Discount brokerage consolidation

Clark Howard Show

02:31 min | 7 months ago

Discount brokerage consolidation

"So the investment industry is going through a massive change and the industry is going through a consolidation. That's going to lead to a lot. Fewer players mutual fund companies out of weakness or marrying each other stockbrokerages investment houses. Getting married banks. Trying to be everything to everybody. Getting big into the investing stuff and what we're going to end up with is a relatively small number of huge players. All this has come about because of a weakness exposed by the enormous strength of the Big Three discounters Vanguard Schwab and Fidelity have essentially demolished. Everybody else and the industry nobody's been able to compete with the low cost that these three offer in the marketplace and traditionally when you did investments you paid massive fees and commissions to a bank's investment arm or to a full commission stockbroker and often be placed into really high cost mutual funds. The you have to pay big commissions to go into an huge ongoing expenses. Well there are still people doing that kind of thing. As consumers as investors but the whole movement is towards much much lower costs and one of the full commission outfits. Morgan Stanley is buying one of the discounters E. Trade and there's going to be more things like this Morgan Stanley's looking at probably is all those millions of people that are e trade customers and potentially trying to sell them their house stuff. They're really high cost stuff. They don't say that. But that would be my concern. And it's important that you know what you're buying with any organization that you choose to put your money aside your hard earned money that you have managed to save

Morgan Stanley Vanguard Schwab E. Trade Fidelity
Intuit wants Credit Karma  along with all the data

Marketplace Tech with Molly Wood

04:31 min | 7 months ago

Intuit wants Credit Karma along with all the data

"Everyone wants a piece of your finances. Apple Amazon. Google even Uber are getting into Financial Services Neo banks offer all digital checking accounts and now into it maker of Turbo Tax quickbooks and meant wants to buy Credit Karma for seven billion dollars. Credit Karma offers free credit scores tax. Prep and helps people shop for credit cards and loans into it says it wants to build a personal financial assistant that uses your data to connect you to even more credit cards and loans. Here's into its CEO. Sasanka Darcy. Yeah our vision is very much an it's of course shared with Credit Karma Our vision is to put the power of choice in the consumer's pocket. We truly want them to be able to carry around a financial assistant that at any point in time they can connect a product. That's right for them and all the choices are in front of them. You know part of the challenge is if you're picking a credit card you don't know if actually is the one that's right for you with the best rate if you're picking your auto loan you're more negotiating the fee of the or the monthly payment of the car versus you getting the best rate. This is about putting choice and truly the pocket of the of the customer and letting them know what's right for them and improving their financial life. So that's that's the really the vision that separately both Credit Karma and into it having together we believe we can accelerate the by ten years. Well let's pivot to data. How valuable is that? One thing you're getting with his acquisition is of course a lot of personal data that credit card has been known for not selling. How valuable is that data? And do you expect to monetize it in the future? Whether you know let me start with our data stewardship principles that it's the customer's data not ours that we will never sell the data and the data will never be used without the customer's consent and when they can send it will only be used for their benefit as we look ahead. Doubling down on those principles collectively is important. And it's really pulling together the data for the customer so it's in their hands just as a as a practical matter. Can consumers say I may have opted into sharing my data with Credit Karma but now with into it and I would like to withdraw. Yes absolutely. It's a pretty big purchase? And we're seeing a lot of other consolidation and the rest of the tech industry is having questions asked about consolidation. Antitrust is the. Are there any concerns that here? Yes we're going to be working very closely with regulators to provide all the data that they need a thinks who the market structure and. We're actually quite confident in the outcome. Because at the end of the day regulators job is a very important one to ensure that whatever's being done is good for the end customer and the end consumer and in this case is going to fundamentally propel The choices for customers to help improve their financial health so we feel really good about just the impact this is going to have for the end customer and then how does consumer financial literacy play into all of this is that you do consumers have right now the financial literacy to play at this high level or is it part of your goal to increase that as well well one our job in Credit Karma. Does this very well today? Our job is to make things drop that simple so that really the consumer is making a choice of what's right for them in a very very transparent fashion and so making sure it's easy and seamless intuitive will always be the goal with that said part of what the two companies are separately already doing and when we bring them together it'll just simply accelerate. It is educating consumers on how to improve their credit rating because at the end of the day your credit rating drives what. You're able to get that. What interest rates and so helping them understand the utilization on credit cards helping them understand making payments on time helping them set goals around making all their payments on time. Those types of things is what teaches consumers. What they should be doing so that they can improve the health of their financial life. And that's part of what we will continue to accelerate doing beyond just connecting people to financial products is educating them so that they can ultimately improve the health of their of their life. Society Guitars is the CEO of into it. The deal is the third big fintech merger announced in the last two months. Morgan Stanley said last week. It Oh by E. Trade for thirteen billion dollars and Beza up digital payments processor plaid for five billion in

CEO Apple Google Turbo Tax Sasanka Darcy Morgan Stanley
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

07:42 min | 1 year ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Each these circles unique and wince you wear this body suit, you can use our app to scan yourself. And you get a three D model of your body and through that we can suggest the perfect size to fit your body. This sounds super futuristic, right? Buying custom fit clothing without ever having to leave your bed. But the reality is the technology and consume a buy-in required to get to that future. A still aways off the sows are sued came with its own challenges, and in April twenty nineteen zero stopped international sales of the sausage, but that original goal finding ways to make online shopping puzzle is still, those target on this ozo- suit, brought them one step closer. Those are took all those measurements from real people. Title, anonymous them and use them to enhance the bedrock of that business, the Soza town website that sizing human database models, actually, the largest in the world as far as we know it. So still wants to create a world in which that's literally assize for everyone. So they're focusing their energy on Souso towns, such algorithm. A lot of online reach Islas a working to make their websites, easy to navigate, but so Zo has a leg up. You can search those town by the width of your shoulders, just as easily, as you can search by color. Oh brand. But of course, the publicly fitted pair of jeans doesn't solve the problem of how the consume of fines that pair of jeans in the first place. If you only exist in the ether, you have to spend a lot of money to get eyeballs to your website, time, and time and time again, unless you can develop an ecosystem that keeps that shopper coming back repeatedly without the. Need to spend that money on marketing. There are a lot of ways to develop that ecosystem, some retailers do it with a subscription model ensuring customers, get in new product, not just once but say once a month others send Email blasts to notify customers about deals and promotions. But what more companies are doing is creating online communities, a community of shared interests. So if retailers can align themselves with a passion or a lifestyle that generates a lot of interesting content, and you can develop a large enough community that the community generates its content, and the retailer can actually enhance the community. So, so, for example, has created a social app cold. Why so shoppers can upload a full body selfie tag every item and Sharat online, and we use those looks those pictures to help. Suggest new outfits, and new ways to put together outfits and you ways to, to suggest new brands. What's also interesting is through where you're able to see what you would potentially look like because each wear user has their height, so you can kind of look at their height compare it to yourself because fashion models tend to be unrealistic. To put it lightly, but where is full of user, generated content if online retailers like so-so can replicate that in person experience and combine it with the convenience and efficiency of the internet, online shopping could become the only shopping, but then is every main street, mole and small boutique destined to become a relic of the post a curate isn't so sure that stools like Toya will ever become obsolete. I think only the good, one will survive. But hey, we'll never gone because you know I cannot picture the town was city without any stores on the street. It will take many fun, part of the living environment on according to Kimberly at Morgan Stanley, the real question, isn't whether brick and mortar or online retailers will win out. But whether retailers in general will be able to keep. It's high enough to make being in the business of shopping worth it the profitability associated with the retail business in the future is likely to be less profitable than it is today. And in today, most retailers are less profitable than they were fifteen years ago when we look at at Toya and Zo together, it's easy to only see the impact they have on each other online. Join customers away from brick and mortar and vice versa. But what we should look at is how the strategies of both of benefiting consumers as toyah Zo and companies like them, what hotter and hotter to keep customers coming that helping consumer expectations. It's becoming the norm for consumers to expect highly personalized, efficient high-quality, exciting retail Imos expectations are going to be the biggest influence on the future with rising consumer expectation. Comes rising expense. And it's unclear if retailers are going to be able to offset those rising expenses in any way, rather than thriving at the opposite ends of the online versus brick and mortar spectrum many of today's retailers, live somewhere in the middle. They devote some of their resources to a small, but solid online business on some to that, in person customer experience. No matter whether customers shopping everyone is getting the same products and messaging through an Omni channel. So while we don't see a world where brick and mortar retailers go way in, in any sense of the word and e commerce retailers, it run the majority of business, we think rather brick and mortar retailers are likely to continue to thrive in terms of their digital efforts and their initiatives to be relevant shopping destination. With consumers when a company has one foot in the virtual world and the other in the real world. They're able to attract consumers from just about anywhere. Someone in New York can be a loyal customer to a brand that only sells products in Tokyo. But what said, Zo on a Toya apart from most other retailers, they've abandoned this only channel in order to pile up that Strang's zone could never find real estate lodge enough to house that products just as Toyo would lose that heritage and experience. If a screen stood between that customers and their products. I think back in the day, it walk into a mall. See this cruel new store you walk in and you gotta try things on. And then, you know what the brand is about, and you know what size you need to buy, and then you could continue. Buying from them online. So that was the Omni channel way of doing things. But nowadays, you discover a brand purely online again. Now. Oh, it's even more important that you're able to buy confidently from them. And that's where I think the technology can really make a difference. And we tried to do the only channel in Japan as well. But the goal is more of the people can have the same experience of online shopping in the store, rather than.

Toya toyah Zo Soza Japan Souso Islas Sharat Zo Morgan Stanley Kimberly New York Tokyo Toyo Strang fifteen years
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

02:00 min | 1 year ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"It's everywhere when we hit the streets of Tokyo, it quickly became clear that if the rise in e commerce is taking down brick and mortar stools that isn't happening in Tokyo here in Tokyo. You've got thirty seven million people living, the llama ration- higher per capita income's than Japanese average. That's a hold on, of consumer. Of course. Right. And you've got at least the top three train stations in the world are all in Tokyo. This foot traffic along those normal points that drive any kind of commerce and retail. Right. According to ban the success of brick and mortar stores in Tokyo is not only thanks to Tokyo's massive population for longtime Tokyo is known for its relatively even distribution of wealth across the population that meant not only a lot of shoppers, but a lot of shoppers all with spending money early. Tokyo retailers figured out quickly the best way to get those shoppers in their stools was to draw the main during that commute. And the city is a retail heaven designed around that passion in Tokyo. At least we can look at urban development taking place alongside some very important railway lines and many of these railway lines were actually constructed by private entrepreneurs or private companies, what they did was they employed, a certain model that didn't just rely. On building the rail line and making money on selling tickets. But doing a couple of say auxiliary things along the tracks to say they would connect, perhaps a relatively flung recreational spot, and what you do with the with the area in between. You basically decide to develop that land more than three point five million people pass through Shinjuku station every day. That's about five times the number of people who commute through New York's Grand Central daily so today at every major train station in Tokyo, there's a move to harness.

Tokyo Shinjuku station New York
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

01:30 min | 1 year ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"It's all part of an experience designed to bring people into the building in a time when lots of people are opting to go on mine. Top-drawer didn't come up with this model themselves. It's a lesson learned from that parent company may name is Akira ITO and. MTO this company. This company is at Toyota a station restore in Tokyo, Japan and a curious in town. Checking up on top draw. Its American subsidiary. Talk draw was created in twenty fourteen to bring some of the specialty paper and travel products sold in Tokyo to American consumers, and it's important to a cure that top-drawer carries on not only Toya's products, but it's driving mission. I think for the, the service side is very Japanese. You know how we wrapped. The, the products in the bags and everything than the explaining each things to the customer, is more Japanese, but the selection of the product is, I think it's more American. So we're not Purace at all where classic Americans in the way we operate, the brand and the company. But, you know, we have this the strict parent from Japan. I don't think that's straight. Maybe not strict in the traditional sense, but there are a lot of customs in Japan that we do try to honor..

Japan Tokyo Akira ITO Purace Toyota Toya
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

05:13 min | 1 year ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Mm-hmm. What about the plumbing? How do you navigate that process without reinventing, the wheel, you Tonto alma? This is a group of people say, forty families who pay a sum, and the total sum as up to finance the project development phase, so that almanac can pays for very good architect for the Moyer for survey for all the things that needs to get done. And we can go put down, but down payment on a on a property and almond makes that funding process easier to one person would have a hard time getting alone, large enough to fund a housing project of that scale, it's exactly the issue of, how do you borrow money? How do you how do you make a collaborative cooperative creditworthy? So what we've done is we've stabbed a foundation that is basically a Bank. It, it allows the, the community to lend money as small sum of money into. Foundation, who then provides equity up towards Bank, who provides the building credit the loan for the building process. So it's actually you could say it's a small Bank. But once you've got all that in place. How do you merge a couple dozen people's dreams into one cohesive. Reality almond doesn't just solve logistics. They also facilitate conversations and workshops among new community members to make sure everyone's happy. At our headquarters in Copenhagen losses. Leading plumbing workshop for a future co housing community, a Shad, summa home on the coast of Denmark, a group of fifteen people arrive at the meeting and gather around two tables with a log white paper on each, it says must haves in one column. Nice to have in the next column and not necessary in the lost. It's only the group's second meet up so the rule strangest for now but ominous is breaking the ice..

Bank Foundation Moyer Denmark Copenhagen
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

03:41 min | 2 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"And like most sports teams east bolts teams also sell shuts not your typical carbon poly blando shots made of pixels we do think that's going to be a real trend of people buying essentially digital thursay's in digital chachis that their avatars wear and so it stands to reason that if you are a person that plays overwatch and you're a fan of the boston uprising you might wanna buy a digital jersey of the boston uprising so that you can wear it while you're playing overwatch that's another unexpected market in a sports the market for talent and that's not just players teams have nutritionists because the teenage athletes don't always eat well psychologists to help with the stress massage therapist by the repetitive strain wrist injuries and manages and coaches many of whom fulmer playas because you're east sports life expectancy is pretty short in that by the time you get to twenty two to twenty four years old your reaction time starts to slow down and so you no longer actually have the ability to compete effectively so by the time you get to twenty five years old chances are we going to try to move into the booth to become a commentator or move to the sidelines and become a manager so east bolts has all the trappings of traditional sports from jazzy coaches to announces but that's one thing that east bolts lacks history most about big brewer cost bullets at decades old least people i started playing professional baseball in eighteen seventy lawn with those deep roots the future feels valley clear e sports on the other hand feels like on shotted territory but more and more investors a willing to jump in and see whether east bolts market goes bryan's team published a major report on east sports early last year an only about twenty percent of investors believe the it was real i would say over the course of that year we've gone from twenty percent investors believing to about fifty and i think that really the point that's going to sort of bring it even to a bigger majority will be when you get into twenty twenty and when more investors can actually go and witness firsthand just the individual city by city passion for these teams and for the east sports nana thanks to his work at espn jacob wolf has seen more that first time game play than most people he thinks gaming as a spectator sport is just getting started it may not be the current game titles but i think there will always be something i think that there will always be people that play video games won't to watch other people play video games i don't think that behavior changes ever really i think that the future of the industry's pretty bright and i think that more and more people as literal children start to get older and want to watch something and have entertainment it will be more watching video games and it will be watching sports and if you ask arena another fan at the way point cafe that's no question the east both industry is here to stay because so many of us play games on because e sports is creating community i feel like everybody loves video games on one center the other whether it's like a phone game or just like playing it online for like eight hours on just knowing like how many people are like really big fans of the game and would do a lot for it some people come here every week from new jersey or upstate new york to watch the game together and we love hanging out with each other and arena says if you'll thinking about checking out in east bolts event the fans will make sure you feel welcome if you don't understand the game too much like obviously so we'll explain it to you and then hopefully you'll like slowly understand and like can enjoy like the game play that's happening on screen so you can watch it together with us.

twenty percent twenty five years twenty four years eight hours
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

01:34 min | 2 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Young entre preneurs for schools retirees it's pont volunteerism but mostly it's mental ship one of our volunteers in southern california made a comment that is entire career he is loved the business of business and as he retired score was the perfect venue to be able to join where he could still learn still keep his relevancy up and make an impact in the business of business steve records is the vice president of field operations at school he interacts with both sides of schools busin the young entrepreneurs i'm the experienced old mental 's steve manages a group of eleven thousand volunteers many well into retirement and if there's one thing steve has learned from his volunteers is that there's only so much gulf anyone can play in those first maybe year or two after retirement they are spending a lot of time on a cruise or a vacation or a golf course and there's a point in time where it hits them that they've got another thirty years of retirement and they need to be more active and engaged into something more meaningful than just improving their handicap steve has to consider the needs and desires as members of this older generation restructure that rolls seeing themselves notice bosses or ceo's but his mental that means using not just that hard one business expertise but their emotional intelligence and empathy to being an entrepreneur and being a small business owner is a lonely job i personally believe that asking for help especially asking for help in your businesses a very brave thing when in business owners tone.

california steve ceo business owner vice president of field operat thirty years
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

02:09 min | 2 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Services but if you don't like what those teams are providing there really aren't any other options so that monop cine generally worked out pretty well for free agents over the nas four decades it works because the team owners traditionally wanted establish players on were willing to pay them higher salaries but those team owners all the only buyer on the market when they changed the minds about what they wanna buy that changes the whole system remember when mostly talking about a market for the best players in baseball a by and large over the loss forty years best salaries have gone up and up an up just two years ago in two thousand fifteen in two thousand sixteen team spent a total of two point five billion dollars on free agents there were seven different players who were promised contracts of more than one hundred million dollars each then something happened last year they spent one point five billion dollars so it's a billion dollar different zilly span of one season so why the drop if baseball's overall revenue was decreasing than shoal teams might figure we've got to cut spending somewhere that spend less on players but that's not the case because baseball revenues they're up so a player might say hey major league baseball revenues increased by seven percent last year i should expect free agent salaries for player of my caliber to be maybe seven percent higher maybe expected to be fine percent higher but baseball may be thinking internally what do i wanna pay this player more money what's happening is this teams across the board making more money yes but that also getting a much more sophisticated understanding of what makes a team successful from sources that ought steeped in traditional baseball wisdom and those sources telling them that spending a bunch of money to bring in big stars might not be the smartest move i'm not an expert on baseball you know having grown up in holland where baseball is not a big sport i being to a few games i've seen movie money will but i think the parallels between what's happening in baseball with what's happening out outer industries including financial services.

baseball holland five billion dollars seven percent one hundred million dollars billion dollar four decades forty years two years
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

02:02 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Quite difficult so suddenly the automotive industry is going to go through a tough time power stations on their infrastructure are at the heart of potential setbacks one thing to note is that the move from coal power to solar power could have a positive impact on the electric vehicle market but it's not just about how the electricity is created it's also about access to it when it comes to infrastructure it's a bit of a chicken and egg situation people might not by electric vehicles until the remote charging stations but that also might not be more charging stations until there are more electric vehicles on the road to avoid that tricky situation harold points to the power of policy change and if you don't believe him harold wants us to look back into all very recent past if the politicians are going to set these her heavy targets earned the car companies are going to get find if they don't meet these targets yelled and clearly um they're going to be very well motivated to make sure that the infrastructure is in place of for them to be able to meet those targets by selling more electric car so it is a bit chicken and egg i disagree without a toll but then i remind people that you know certainly people in europe and it when they were kids dated dream of driving diesel cars and yet world driving diesel cars today because we kind of hot too uh because the politicians subsidized us to drive those cars so the reality is you can achieve a lot with financial motivations and that goes both as a subsidy towards electric cars uh little so we can make it much more expensive to drive the combustion engine cars that we drive today what we found is that there is not a chicken and egg is to sauna moans channel from challenge point again from his perspective on the infrastructure industry as a specific series of events that needs to take place the infrastructure has to come first before the people can get into an electric vehicle and feel good about driving around their daily commute but also driving longer distances which is which is really important to them to see that this is on.

solar power car companies electric car harold europe
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

02:12 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Welcome back to the morgan stanley ideas podcast i'm actually knell tight for all season finale which take you into the future with this driving question how will all lives change one electric cars become the new normal when this building was built automobiles were first coming into the world and they were still occupying the streets with horses and carriages and pedestrians uh it cetera marshall brown is an avid designer an architect he's sitting in his office which is exactly the kind of place you'd imagine a hip up and design or an architect would joaqu it's a renovated 1920s landmark building on the south side of chicago with cascading concrete pillows and windows brightening open floor plan when i look outside now out on two st street which is an important street in the city of chicago what i see our broad expanses of asphalt i see sidewalks i see curbs i don't see a lot of pedestrians i see spaces that are dedicated almost entirely to automobiles and or ways of keep big pedestrian safe from automobiles looking ahead twenty years streets could look very differently from the way they do now not only will streets look different maddow sound different two thou even smell different because even just twenty or thirty years from now gaspowered cars could be a thing of the past a recent morgan stanley report predicted that by 2050 over one billion electric vehicles will be on the road if that doesn't shock you enough try thinking about it this way today electric vehicles make up one percent of global car sales by 2050 that number will rise to almost ninety percent so what's causing such a rapid shift in the auto industry ahmad effects will it have besides what we fill our cars way that the gas station what else will change what we even have gas stations so again if you go back andre deers was the last time you saw horse stable in the middle of your city these things used to be everywhere right but we.

chicago maddow car sales auto industry gas stations morgan stanley marshall brown windows ninety percent thirty years twenty years one percent
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

01:35 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Is handling the estate of her deceased aunt in the old days are traditionally we would wait until the end of the year and most client would receive a paper statement for all of their financial assets and it would be easy to identify where all those assets were in this case she waited till the end of the year and didn't receive a whole bunch of annual statements and in fact only received one and she knew that her aunt had a large account out there so it took some digging some conversations with other family members where she finally did find this other account that had a couple of million dollars in it that client got lucky she was eventually able to find the money her aunt had left for her but digital assets can also exist in a paradoxical space shaw they exist forever but if you don't know about them it's like they don't exist a tool if i gave any one one piece of advice for playing their digital state i would say make a list of your accounts and passwords in understand what you own for example a climate on bitcoin and it could have tremendous monetary value but that client didn't share that they owned it bitcoin or had an account out there the beneficiaries would never find it it's possible that we might be living in a digital dark age the period of time in our digital lives where we'd figured out how to create digital things but we haven't really figured out how to save the hold onto digital things very well.

million dollars
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

02:02 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Usual demographic that comes to mind when you think of pinterest that run with ashby acquired so many followers he carney has over one point six million that he began to get paid for promoting other people's photos and it turned into something of a business in some months he earns up to ten thousand dollars for sharing and promoting pieces of conduct the people ask him to promote so he's an online influence her and if we put on our traditional estate planning glasses we might look at a pinterest account and say that doesn't have much value to any one the point of the story is that this pinterest account has real financial value and that's something we need to be thinking about but let's not get too carried away most people social media accounts full squarely in the sentimental value category the photos we post on instagram all to be blunt worthless to a stranger but they may mean the wool to while family and friends so how do you pulse down those photos turns out there is more to think about the judge sharing a password i like to call this the one hundred thousand photo problem i have exactly one photograph of my grandfather in his twenties one photograph of him at that age that photograph has immeasurable value to me but if he had left me a pile of a hundred thousand photos i probably would not have taken the time to dig through there and find those one or two that are really special and so as we're thinking about our digital legacy and what we want to save and what we want to give to our heirs we should think about deleting a few things which is think about cure rating our collection so that we only leave what's meaningful as opposed to leaving a huge burden of stuff for our family to deal with so the one hundred thousand photo program is really about excess with digital photography anti quantity cameras attached to our phones when.

pinterest carney ashby social media digital photography ten thousand dollars
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

01:53 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"I realise that all of the memories i captured of him were digital but then my grandfather passed away and i realized that the one thing that i wanted to keep to remember him by was the salt shaker from his table that's evan carl he's the author of the book you'll digital often life an editor of the digital beyond dot com he knows that being an expert on the intersection of technology and death is sort of well unusual talking about digital legacy is not something you want to bring up at a cocktail party people kind of think you're a little strange when you say that you do work in this area evans started off his career as a user experience designer and product manager so he was thinking a lot about the way people interact with technology and the more he will attend the tech world he began to realize just how much of our lives a tied up on line you used to find family photos in a shoebox in a closet and before they were printed out they were on slide reul's and if we think about how we conduct the business of our lives most of our bills used still have come in the mail we wrote these funny things called checks when we need to pay some one and we're not really doing that anymore all these facets of our lives the personal the business the in between it can add up to a lot of different types of accounts and it can get pretty overwhelming to even begin to take stock of unsold luckily evan has divided up digital life into four need categories the very first is our email emails we've sent emails we received the second category is all of the files we have on our computers and are devices so everything on our computer everything on our tablets are mobile phones have you think about it there's a lot of stuff there.

evan carl editor cocktail party user experience designer mobile phones product manager
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

02:02 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"All we're going to have to deal with some of this stuff that decision to check the desk it had come from something machel's dodd told her twenty years earlier if anything happens to me everything you'll need to know is in that task and there may have been true twenty years ago but a lot has changed in his life since then so we started digging through you know his his office in their home and his desk in his file cabinets just looking for pieces of paper about insurance in bank accounts in in everything we might need to know where's where's a will are we even making choices that he wanted us to make know we didn't know if there was a will or where it was she didn't find a will or list of pulse was her father's online accounts what michelle did find was a ton of outdated files than a key for a safety deposit box the only problem the bank no longer existed and that's when michelle realized that was a law of work to be done what you have to start with is the important things where's the money where's the will then kinda secondarily is is there a pension is their investment accounts is there you know what about social security you know are there veteran benefits the next phase is okay what about the logistics mom how your bills paid do they come out of your accounts automatically and i'm talking about daily living bills you know the the the gas and electric the newspaper you know your credit card bills you know all your whole financial peace how is that all happening michelle in her husband spent a good part of the next year trying to answer all these questions among couldn't help out too much because her father a taken care of all the financial.

machel bank accounts michelle social security dodd twenty years
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

02:17 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Welcome to the morgan stanley ideas podcast by national tight today on the show what happens to your digital life off to you die beginning in an old existential on the show this week but we're going to be talking about death but an aspect of dying that you might not have thought much about your digital stays now regula analog estate planning is a pretty established practice at this point people know how to plan for the house in that car let 401 k but how about you'll pay paolo your online credit card bills today we're going to shine a light on the questions that are arising around digital assets off to you take you loss breath for instance what's the best way to pass on ten thousand photos from a family vacation is a viral social media account worth anything off to you die and how can the endless stream of content we've posted be used to form a meaningful memorial we'll be raising these questions and a bunch of all those along the way and comp promise any on says but we'll try to suggest them approaches to even begin rubbing your mind around the vexing questions of digital legacy but first let's hear from someone who was forced to think about this only after it was too late my father was he was a private man you didn't know how much you know assets they had he didn't share details about any of that aspect of his life that's michelle brought it puff all the pasta way suddenly on her parents sixtythird wedding anniversary he was eighty eight years old and when i say you know he died unexpectedly if it's kind of a strange thing to safe about an eight year old person but he didn't really have any health issues you know he wasn't in a hospital he hadn't been sick and even though michelle's father was old he was in such good health at the fao me hadn't focus much on estate planning so as michelle in her sister and the newly widowed mother sad together in their home and waited for the coroner michelle how to force well i may as well go into his office and see if we can find a will and when it opened his drawer that that was probably the moment that i said.

the house paolo social media michelle morgan stanley eighty eight years eight year 401 k
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

01:56 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"But retail company nazis referring to it's called the wheel real it's a luxury clothing and accessories consignment website and so you say well what's so impact about that you're keeping products from going outside of the economy and keeping them are in circulation and that has a lot to do with just reducing carbon reducing amount of manufacturing that we need it's a good thing to create that circular economy another aspect of impact from that company is it's a woman entrepreneur it's no secret that women are underrepresented in the the ranks of venture backed ceos we really try to focus on the diversity of our management teams in our founders and we have about sixty percent of our portfolio right now is is run by women which is way way above the national average the real real made sense in nazis portfolio because of its positive attributes but sustainable investing didn't always work that way it used to be based on i investors who really wanted to exclude negative things from their investment portfolios today we're seeing a huge shift in investors who are thinking about it from a proactive perspective how can i invest in the solutions that's hillary uh be the cohead of morgan stanley's global sustainable finance grade she's been job for nearly a decade an over that time she's witnessed a pretty seismic shift in the field of sustainable investing henry recently worked for the client who cast about climate change may be a decade ago they would have just divest from fossil fuels but today the client proactively invested in companies that are changing the way we use energy what's prompting this change it's all about inflammation people have a lot more clarity on the impacts their investments may have whether that's positive or negative.

morgan stanley hillary climate change sixty percent
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

02:08 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"Having people with many backgrounds on a team can actually lead to better preparation when groups are more diverse we do find that they actually engage in more careful effort full information processing in anticipation of meetings talked to people who are different so for example and jury decision making sam somers has done some research that has found that divers juries more carefully process racially relevant information if the jury is more racially diverse than when it's much on the real examples of corporations taking advantage of the benefits of diversity by hiring employees from unique professional uncalled native bought grounds i went to the naval academy in annapolis and after graduation i served as a service warfare officer for five years i was on a ship and then i did a a come nonconventional security tour i spent most of my time between those two roles in the northern arabian gulf doing um antipiracy mission security missions training iraqi marines and and navy sailors that's meakin bennett vice president of institutional operations at morgan stanley and this is no opponent amelie before this uh i was working at the united states drug enforcement administration as their general counsel in the new york office noah is now lawyer at morgan stanley and ask the simon bound the global director of research at morgan stanley well he certainly didn't start off in research i was what was called a clearance diving officer in the royal navy so we did minefield clearance in practical terms what does that means were ninety one we did the clearance of the beaches off the coast of kuwait so it it underwater on ed or explosives ordinance disposal and that was hard on the at times interesting um but incredibly rewarding work when it comes to hiring simon values people with us set of skills and perspectives looking.

sam somers officer vice president morgan stanley amelie general counsel noah simon royal navy kuwait annapolis meakin bennett united states new york global director of research five years
"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

Morgan Stanley Ideas Podcast

01:37 min | 3 years ago

"morgan stanley" Discussed on Morgan Stanley Ideas Podcast

"One discipline the myself but i was disappointed alves an educator so when i went to my bankruptcy solomos takes that i made i saw why spent more money at asao well wasted a ton of money so i kinda wanna must story to be kind of a a a learning tool for a lot of guys and a couple of years ago i you hit with a unique opportunity to meet drew hawkins from morgan stanley my name is drew hawkins and the managing director at morgan stanley and on the head of the global sports and entertainment division drouin antwan travel the country together talking to athletes at all different levels of fat careers historically when these financial education programmes have taken place you often would see a lot of focus on hitting on specific financial terms and on financial products and you know these detailed complicated strategies and for us we wanted to be able to take a step back let's talk to these individuals were they are whether it's at the collegiate level in things that they need to be focused on they're having a different conversation then to rookie players because they're just entering into the league and looking at league minimums or you know the value of what it is that they babymaking when they were signed on and then a differentiated conversation for the more veteran players that may be on that second contractor that ferrick contract or thinking about what the next steps are going to be related to life after the sport that they are in optic the biggest thing no for gaza spicy come a league now one thing i always try to tell the gaza on amman roads we make generational left money um well you make millions of dollars that generates race china western with money.

alves hawkins managing director morgan stanley gaza