Investors are not optimistic about upcoming results for Goldman Sachs and Morgan Stanley, so they're looking beyond results for indications of plans to grow. While Goldman CEO Lloyd Blankfein offered a forecast that includes a 20% return on tangible equity, his claims are debatable, according to this article. Meanwhile, James Gorman, co-president of Morgan Stanley, said new limits on leverage as a result of becoming a bank holding company will reduce profitability.

Full Story:

Related Summaries