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Morgan Stanley (MS) Earnings Report: Q3 2015 Conference Call Transcript


The following Morgan Stanley (MS - Get Report) conference call took place on October 19, 2015, 08:30 AM ET. This is a transcript of that earnings call:

Company Participants

  • Kathleen McCabe; Morgan Stanley; Head of IR
  • James Gorman; Morgan Stanley; Chairman, CEO
  • Jonathan Pruzan; Morgan Stanley; CFO

Other Participants

  • Guy Moszkowski; Autonomoous Research; Analyst
  • Glenn Schorr; Evercore ISI; Analyst
  • Mike Mayo; CLSA Limited; Analyst
  • Michael Carrier; BofA Merrill Lynch; Analyst
  • Brennan Hawken; UBS; Analyst
  • Devin Ryan; JMP Securities; Analyst
  • Fiona Swaffield; RBC Capital; Analyst
  • Christian Bolu; Credit Suisse; Analyst

MANAGEMENT DISCUSSION SECTION Kathleen McCabe (Head of IR): Good morning. This is Kathleen McCabe, Head of Investor Relations. Welcome to our third-quarter earnings call. Today's presentation may include forward-looking statements which reflect management's current estimates or beliefs, and are subject to risks and uncertainties that may cause actual results to differ materially.


The presentation may also include certain non-GAAP financial measures. Please see our SEC filings, including this quarter's earnings release, and financial supplement at for a reconciliation of such non-GAAP measures to the comparable GAAP figures, and for a discussion of additional risks and uncertainties that may affect the future results of Morgan Stanley . This presentation, which is copyrighted by Morgan Stanley and may not be...