THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. DEBORAH MARCHINI, CNN ANCHOR: We're going to take a look now at some actions by Morgan Stanley to boost its capital. Joining me is Lionel Barber of the "Financial Times" from the London newsroom to talk about what Morgan Stanley is up to. Good morning, Lionel.</s>LIONEL BARBER, "FINANCIAL TIMES": Good morning. We have an interview with Philip Purcell, who is the boss of Morgan Stanley, in today's paper at length. And the interesting revelation is that he is talking about boosting the investment bank's lending capacity to head off competition from the big commercial banks -- the likes of CitiCorp. And the reason for that is that he is concerned that some of these banks -- big banks are offering credit to companies in return for then good, cheap credit -- better than market credit -- and then taking away some of the investment banking business. And so what Mr. Purcell has outlined in his interview is that they are going to inject -- we understand it's about $2 billion -- of capital into the Utah bank subsidiary and use that as a vehicle for the new competition. I think this is a very important and exciting development and shows why Morgan Stanley is determined to be right at the top of the global banking league.</s>MARCHINI: Lionel Barber of the "Financial Times," thank you. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
Morgan Stanley Looks to Boost Capital