Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‘very good buys’

Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‘very good buys’

Sandy Weill, former CEO of Citigroup, in 2014 file photo.

Adam Jeffery | CNBC

Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were “really very good buys” for long-term investments.

Bank stocks have been hammered this week, giving back recent gains tied to the reopening of the U.S.…

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