Oct 17 (Reuters) - Morgan Stanley (MS ... quarterly profit as gains in investment banking were offset by a 26 percent drop in fixed-income trading revenue. (Reporting by Sweta Singh in Bengaluru and Olivia Oran in New York; Editing by Saumyadeb Chakrabarty.
NEW YORK — Investment bank Morgan Stanley said Tuesday that its third-quarter profits rose 12 percent, as the firm’s wealth management arm was able to earn more money despite a slow summer in the markets. The Wall Street bank said it earned $1.78.
NEW YORK (AP) — Investment bank Morgan Stanley is reporting a 12 percent rise in third-quarter earnings as the firm's wealth management arm was able to earn more money despite a slow summer in the markets. Morgan Stanley earned $1.78 billion, or 93 cents.
Investment banking revenue at the firm climbed 15% to $1.27 billion, while wealth management expanded ... 26% to $1.45 billion. Morgan Stanley inched up less than 1% to $49.33 before the start of regular trading in New York on Tuesday.
New York Thomson Reuters (Reuters) - Morgan Stanley posted an 11 percent rise in quarterly profit as strength in investment banking and wealth management businesses more than offset a slowdown in trading. Earnings applicable to common shareholders rose to.
Just like the New York Yankees and the ... While Goldman doesn't have Morgan Stanley's heavyweight presence in the steadier business of wealth management, gains from its private equity investments and strength in investment banking helped offset the.
Former Morgan Stanley executive Gregory ... and the firm’s management, including Chief Executive Officer Fleming, according to an announcement Wednesday from the New York-based family office. Fleming’s move is part of a broader trend among asset.
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Expansion Capital ... wealth management and investment management services. With offices in more than 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions.
REUTERS - Morgan Stanley posted an 11 percent rise in quarterly profit as strength in wealth management and investment banking businesses more ... (Reporting by Sweta Singh in Bengaluru and Olivia Oran in New York; Editing by Saumyadeb Chakrabarty) Get.