Ted Pick, CEO of Morgan Stanley, speaking on CNBC’s Squawk Box during the World Economic Forum’s annual meeting in Davos, Switzerland, January 18, 2024.
Adam Galicia | CNBC
Morgan Stanley Fourth-quarter earnings and revenue beat estimates on Thursday as the company’s equity and fixed-income traders beat expectations.
Here’s what the company reported:
The bank said that
The bank’s massive wealth management business will be supported by high stock values in the fourth quarter, which inflate the management fees it charges.
Investment banking activity continued to rebound last quarter, jumping 29% over the quarter, according to Dealogic figures, fueled by rising advisory and capital markets activity. And commercial activity was supported by a turbulent election period.
Wednesday, JPMorgan Chase, Goldman Sachs And Citi Group each exceeded expectations, helped by better-than-expected revenues from trading or investment banking.
This story is developing. Please check again for updates.
Ruben Amorim revealed what Man United fans often tell him in personThe besieged boss admitted…
Juan Vargas was elected to the congress in 2012. Various versions of the Dream Act…
By Jonathan AllenNew York (Reuters) - US President Donald Trump seeks to reduce the size…
America is(Support) Quarter -finals: March 8Semi-finals: March 11Championship: March 11:15 am on ESPN2 Higher seed…
Truth is based on Colleen HooverThe best -selling novel of the same name.In the 2018…
By Jake Fenner Posted: 09:12 HAU, March 9, 2025 | Update: 10:00 HAE, March 9,…