Gorman Encouraged by Merrill's Higher Profit Margin

Gorman Encouraged by Merrill's Higher Profit Margin Play

July 18 (Bloomberg) -- James Gorman, chief executive officer at Morgan Stanley, talks about his company's second-quarter profit, Federal Reserve policy and profit margins at Bank of America Corp.'s Merrill Lynch brokerage. Gorman, speaking with Erik Schatzker on Bloomberg Television's "Market Makers," also comments on banking regulations and the U.S. economy. (Source: Bloomberg)

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