Morgan Stanley Reports Strong Q2 Results

Morgan Stanley Reports Strong Q2 Results

Morgan Stanley reported strong Q2 results with net income of $3.5bn vs. $3.2bn for the same period a year ago. Investment banking saw revenues of $2.38bn, up 16% YoY. While fixed income revenues dipped 45% YoY to $1.68bn, its equities trading revenues were up 8% to...
US Banking Majors’ Outlook Revised Up by S&P

US Banking Majors’ Outlook Revised Up by S&P

S&P has revised the outlook on various US banking majors including JPMorgan, BofA and Morgan Stanley on the back of improving bank regulatory track record, good financial performance prior to and during the pandemic and better funding. JPMorgan was revised to...
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