UPDATE 2-Morgan Stanley profit beats as bond trading surges; shares jump 4%
Morgan Stanley capped quarterly
earnings from big U.S. banks with a higher-than-expected profit
on strength in bond trading and M&A advisory, easing concerns
that market turmoil would weigh on banks’ Wall Street-related
businesses.
earnings from big U.S. banks with a higher-than-expected profit
on strength in bond trading and M&A advisory, easing concerns
that market turmoil would weigh on banks’ Wall Street-related
businesses.
Posted by Reuters
