(Bloomberg) -- Morgan Stanley, which is set to receive another $57 billion of deposits from Citigroup Inc. as part of its Smith Barney purchase, plans to accelerate lending to put those funds to use.

Morgan Stanley targets a loan-to-deposit ratio of about 70% in 2015, compared with about 55% last year, Chief Financial Officer Ruth Porat said today at an investor conference in New York organized by Barclays. Interest income has the highest incremental profit margin of any revenue in wealth management, Porat, 55, said.

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