...A. Overview: 1Q23 was very eventful for industry, but not so eventful for MS. 1. 2. Delivered strong results, with revenues of over $14.5b, net income of $3b, ROTCE of 17%, and net new asset flows of $110b. a. At the same time, Co. bought back $1.5b of stock, while maintaining a CET ratio of 15.1%. b. Many ways, it was an excellent test to MS and the opportunity to show the strength and stability of Co.'s business model....