Morgan Stanley shoots lights out in European securitization
![James Gorman](https://assets.euromoneydigital.com/dims4/default/b629e9f/2147483647/strip/true/crop/300x211+0+0/resize/840x591!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F84%2Fee%2Fb02cfddf7619448d6ed76b54b539%2F1.jpg)
As the major US banks reporting strong performances for the first quarter this week, Morgan Stanley boss James Gorman and chief financial officer Jonathan Pruzan picked out their European securitization operation out for praise, on the back of financing activity for legacy portfolios.
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