Wealth and Asset Management
Morgan Stanley profits rise 15% as wealth and trading divisions shine
Morgan Stanley reported a 15 per cent increase in second-quarter profits, boosted by higher revenues at its flagship wealth management business and gains at its trading division. The bank on Wednesday reported net income of $3.5bn for the three months to the end of June, beating analyst estimates of $3.2bn….
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Click here to read the full story: Financial Times