Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says

The Wild Swings in Cryptocurrency Investments

Lock
This article is for subscribers only.

Not every Wall Street bank chief is bearish on bitcoin.

Morgan Stanley Chief Executive Officer James Gorman takes a more measured view on the cryptocurrency than crosstown rival Jamie Dimon, the JPMorgan Chase & Co. head who earlier this month called it “a fraud” that’s in a speculative bubble worse than tulip bulbs.