Description
Added on the 17/10/2020 11:36:26 - Copyright : Wochit
The investment bank's quarterly profit soared 57 percent and breezed past estimates, spurred by fixed income trading revenue that more than doubled. Fred Katayama reports.
Morgan Stanley's third quarter profits plunged as trading revenue slumped amid concerns about interest rates and China. Jeanne Yurman reports.
A surge in trading revenue pumped up Morgan Stanley's quarterly profit 60 percent. Fred Katayama reports.
Quarterly revenue at the investment bank fell in each of its main businesses. But the results easily beat Wall Street's lowered targets. Fred Katayama reports.
A slowdown in trading and investment banking helped more than halve Morgan Stanley's profit. Fred Katayama reports.