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2018 Strategy Deck vFinal2 - Morgan Stanley

Strategic Update James P. Gorman, Chairman and Chief Executive Officer January 18, 20182 NoticeThe information provided herein may include certain non-GAAP financial measures. The reconciliation of such measures to the comparable GAAP figures are included in this presentation, or in the Company s Annual Report on Form 10-K, Definitive Proxy Statement, Quarterly Reports on Form 10-Q and the Company s Current Reports on Form 8-K, as applicable, including any amendments thereto, which are available on presentation may contain forward-looking statements including the attainment of certain financial and other targets, objectives and goals, as well as future effective tax rates.

5 Mark to Market: 2016-2017 Strategic Objectives(1) 1 Streamline: $1Bn Expense Reduction, <74% Efficiency Ratio 2 Complete Fixed Income Restructuring

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  Income, Morgan stanley, Morgan, Stanley, Fixed, Fixed income

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