Story preview
Topics in this story
Continue reading on the publisher site for the full article.
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Context from Wikipedia on the organisations, people and places in this story.
American financial services company
Morgan Stanley is an American multinational investment bank and financial services company. It is headquartered at 1585 Broadway in Midtown Manhattan, New York City, with offices in 42 countries, including offices in many financial centers worldwide. Morgan Stanley is one of the largest investment banks by revenue. It is ranked 39th on the Fortune 500 and 21st on the Forbes Global 2000. It is considered a systemically important financial institution by the Financial Stability Board.
More on Wikipedia ↗Outlets covering it
13
in the last 3 days
First reported
33 hr. ago
12 outlets since
Countries
12 other outlets reported this story in the last 3 days.
Investment banking revenue rose 2% on advisory roles and M&A fees
Morgan Stanley beat estimates for third-quarter profit on Wednesday, helped by higher income from investment banking and strong equity trading as markets remained volatile due to the U.S. Federal Reserve’s interest-rate decision and the U.S.-Iran war.
By Pritam Biswas and Tatiana BautzerMorgan Stanley NYSE:MS beat third-quarter profit estimates on Wednesday, as market volatility due to the interest-rate decision and the US-Iran war boosted equity trading, while advisory roles and M&A fees lifted investment banking income.The market turbulence le…