Morgan Stanley Looks to Expand in Asia as Markets Deregulate

Morgan Stanley is pushing to expand its footprint in Asia, betting on a more favorable business outlook and growing opportunities in deregulated economies, according to Gokul Laroia, the firm’s chief executive officer for the region.

Speaking in a Bloomberg Television interview, Laroia said the company is recruiting financial advisers, and in capital markets and commodities, with a particular focus on markets that combine scale with regulatory liberalization.