NEW YORK (Reuters) - Morgan Stanley
Morgan Stanley is targeting margins of 20 to 22 percent by 2015, assuming no change in interest rates or equity markets.
The bank issued a 20 percent target when it first announced plans to acquire Citigroup Inc's
Having met that goal two quarters early, it is now aiming for higher margins, according to Gorman's presentation.
(Reporting by Lauren Tara LaCapra; editing by John Wallace)