Surveillance: Aggressive Cuts with Luzzetti
Bloomberg Surveillance
00:00
The Importance of Investing in Our Businesses
The Federal Reserve is implementing quantitative tightening with the intention of reducing deposits out of the banking system. What's going to be the profit driver at a firm like Morgan Stanley? If investment banking doesn't pick back up, if you are seeing transactions in the capital markets, will atrophy? It's really the critical question for these investment banks.
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