Morgan Stanley launches new brokerage account.

BANKING AND CREDIT NEWS-January 24, 2020--Morgan Stanley launches new brokerage account

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Global Banking News - 24 January 2020

Morgan Stanley (NYSE: MS) has said that it has launched a new brokerage account that looks like a bank account.

The firm termed the new account a 'modern alternative to banking' and has cited it as an example of convergence of brokerage, banking and wealth management.

The firm said that the new CashPlus Account comes with online banking, a mobile banking app, a debit card, support...

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