DAVOS, Switzerland: The New York-based bank Morgan Stanley is planning to set up an office in the Philippines, Malacañang announced Wednesday.
Gokul Laroia, Chairman for Asia Pacific of Morgan Stanley, made the statement during his meeting with President Ferdinand "Bongbong" Marcos Jr. on the sidelines of the World Economic Forum here."President Ferdinand R. Marcos Jr. met with Mr. Gokul Laroia, Chairman for Asia Pacific, Morgan Stanley, on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland," Presidential Communications Secretary Cheloy Garafil said in a statement. "Mr. Laroia informed President Marcos that the top global investment bank will set up an office in Manila," she added.