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Topic: morgan-stanley

The Lower Manhattan financial district skyline
Companies
Wednesday, 7/15, 01:23 PM

Morgan Stanley Posts Record Quarter as Trading Revenue Surges

  • Morgan Stanley reported record second-quarter revenue of $21.3 billion and net income of $5.6 billion, or $3.46 a share, well ahead of forecasts, as a 69% jump in stock-trading revenue powered the results.
  • It caps an unusually strong earnings season for the big US banks.

In brief

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