Morgan Stanley
no content left of this line no content right of this line pro summary financial impact place content below this line wealth management morgan place content below this line client assets client relationships and accounts stock plan participants stock plan balances revenue tax margin accretive once fully phased in estimated cost and funding synergies are realized incremental synergies provide upside to future capital accretive to maintain current subject to certain restrictions future subject to improves stress testing profile dilution to tangible book value per share offset by accretion to once estimated cost and funding synergies are realized no content right of this line source and footnotes guideline no content left of this line | Morgan Stanley
Company
Deck date
February 2020
Slide
17 of 23
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