Markets

Morgan Stanley just posted its worst bond trading results in 3 years

Morgan Stanley said net income rose to $US1.5 billion from the prior year, but that missed analysts’ $US1.6 billion estimate. The Wall Street bank said fixed-income trading revenue had fallen 30% to $US564 million, the worst performance for that unit in three years. Morgan Stanley announced fourth-quarter results Thursday morning […]
Morgan Stanley just posted its worst bond trading results in 3 years
Markets

Morgan Stanley is gaining ground after a record-setting quarter

Morgan Stanley reported earnings of $US1.45 per share Wednesday morning, well ahead of the expected $US1.28. The bank said it set new records for revenue and adjusted net income, as well as its equities and wealth management businesses. Follow Morgan Stanley’s stock price in real-time here. Shares of Morgan Stanley […]
Morgan Stanley is gaining ground after a record-setting quarter