Epstein Secrets

ment research are available on the Morgan Stanley Wealth Management disclosure website at littps:/Avww.morganstanley.com/online/researchdisclosures. Morgan Stanley Wealth Management Not Acting as Municipal Advisor Morgan Stanley Wealth Management is not acting as a municipal advisor to any municipal entity or obligated person within the meaning of Section 15B

l 22, 2016 at 12:25:13 AM EDT To: < Reply-To: < BNY Mellon: EPS Down on Lower Nil, Expense Saves the Wildcard Subscription Notification: July 22 Betsy L. Graseck, CFA — Morgan Stanley July 22, 2016 4:01 AM GMT Taking EPS down 1% in 2016 and 1.5% in 2017 as flatter curve pressures NIM. Execution on expense i

ent research are available on the Morgan Stanley Wealth Management disclosure website at https://www.morganstanley.corn/online/researchdisclosures. Morgan Stanley Wealth Management Not Acting as Municipal Advisor Morgan Stanley Wealth Management is not acting as a municipal advisor to any municipal entity or obligated person within the meaning of Section 15B

s, But Even Lower Expenses Reply-To: WEALTH MANAGEMENT Subscription Notification: July 19 Bank of America: Lower Rates, But Even Lower Expenses Betsy L. Graseck, CFA — Morgan Stanley July 19, 2016 4:01 AM GMT Yes, BAC is the most rate sensitive name in our group, but we have been highlighting it has the mo

gement disclosure w=bsite at https://www.morganstanley.com/online/researchdisclosures <https://www.morganstanley.com/online/researchdisclosure=> . Morgan Stanley Wealth Management Not Acting as Municipal Advisor Morgan Stanley Wealth Management is not acting as a municipal advisor t= any municipal entity or obligated person within the meaning of Section 15B

=l&d=Uw=SZKNIYYJjaF9NUwBkYjIkNDE3OC00ZDQyLTExZTYtODI4Zi03YTRmNAMzEzMmQ%3D&use ==iwbt68jbgq60t3-0&_gda_=1532261053_e1045fbld18a68f90cf7bc7ecbSb48=f> Betsy L. Graseck, CFA — Morgan Stanley4=2> July 21, 2016 12:02 PM GMT EFTA_R1_01402840 EFTA02384911 2Q16 Earnings:BK reported operating EPS of $0.76=(vs. MSe/con