Morgan Stanley's Gorman says new bank capital rules will be 'wound back'

James Gorman, chair and CEO of Morgan Stanley, expressed optimism in an interview Wednesday that the proposed Basel III endgame capital proposal would "definitely change" before it is finalized.

Morgan Stanley's Gorman says new bank capital rules will be 'wound back'
James Gorman, chair and CEO of Morgan Stanley, expressed optimism in an interview Wednesday that the proposed Basel III endgame capital proposal would "definitely change" before it is finalized.