Higher income from trading and assets under management helped the big firms’ profits soar during the first quarter.
Revenue at Morgan Stanley’s wealth business grew 16% year-over-year to $8.5 billion, and net income rose 34% to $2.1 billion.
"Stock markets respond to risks shifting around,” top economist Claudia Sahm told Fortune. “Households respond to reality." ...
Buy TSM (TSM) / global tech beta Tech is the next focus after another TSM earnings beat; global indices at highs and Asia ...
Morgan Stanley rose as their equity traders posted strong revenue beats S&P 500 hits record high on US-Iran ceasefire ...
This week, major US banks posted nearly $50 billion in combined Q1 profits. The growth, strongest in over a decade in some ...
The market volatility of the last three months, caused partly by the war in Iran, has been a boon to Wall Street, as another ...
Indian stock markets saw a sharp intraday decline, with Sensex dropping more than 740 points and Nifty falling over 204 ...
By Saeed Azhar NEW YORK, April 15 (Reuters) - Goldman Sachs' rates business suffered losses on some positions towards the end of the last quarter as fixed-income market volatility due to the Iran war ...
NEW YORK ― Goldman Sachs' rates business suffered losses on some positions towards the end of the last quarter as fixed-income market volatility due to the Iran war forced it to hold on to certain ...
Wall Street surged to a fresh record high on Wednesday amid growing optimism among investors and traders that the end of the ...