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Morgan Stanley Joins Wall Street Gold Rush on Record Profit
(Bloomberg) -- Morgan Stanley wrapped up a week of wins for Wall Street trading desks, capitalizing on the Federal Reserve’s extraordinary rescue measures with record profit.
Fixed-income trading revenue almost tripled, driving a 73% jump in total trading that surged past expectations, according to a statement Thursday. That spurred firmwide revenue and earnings to all-time highs amid wild market swings caused by the coronavirus pandemic.
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https://finance.yahoo.com/news/morgan-st...19531.html
![[Bild: MSc1dl1740.png]](https://finviz.com/publish/071620/MSc1dl1740.png)
(Bloomberg) -- Morgan Stanley wrapped up a week of wins for Wall Street trading desks, capitalizing on the Federal Reserve’s extraordinary rescue measures with record profit.
Fixed-income trading revenue almost tripled, driving a 73% jump in total trading that surged past expectations, according to a statement Thursday. That spurred firmwide revenue and earnings to all-time highs amid wild market swings caused by the coronavirus pandemic.
...
https://finance.yahoo.com/news/morgan-st...19531.html
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