Morgan Stanley Q3 Profits Jump 87%; Wealth Unit Improves Margins to 22%
The wirehouse reps’ average fees and commissions top $930,000 but remain behind Merrill FAs’.
Morgan Stanley Sees Bank Programs as Key to Growth: Porat
The firm's CFO says managed accounts and lending should help it boost results going forward.
12 Best & Worst Broker-Dealers: Q2 Earnings, 2014
Some of Wall Street’s major players still struggle with litigation expenses; many are finding ways to further boost their wealth results.
Morgan Stanley Wealth Earnings Up, but Merrill Stays Ahead in Q2
Despite Gorman’s push, the Morgan unit still has room for improvement on some fronts compared to its main rival, Merrill.
Morgan Stanley Beats Estimates on Smaller Drop in Fixed Income: Q2 Earnings
Morgan Stanley saw a smaller drop in second-quarter fixed income trading revenue than Citigroup or JPMorgan.
12 Best & Worst Broker-Dealers: Q1 Earnings, 2014
This quarter saw surprising performance dips and peaks across the financial sector.
Morgan Stanley Names New Head of Private Wealth
Eric Benedict will now lead more than 350 advisors serving ultra-high-net-worth clients.
FINRA Fines Morgan Stanley $5M Over IPO Share Sales
FINRA said Morgan Stanley had “supervisory failures” in initial public offerings for Facebook, Yelp and 81 others.
Why Morgan Stanley Passed on UBS-Paine Webber
Chairman & CEO James Gorman shares his views on the value of the Smith Barney deal.
Morgan Stanley Beats Estimates on Fixed Income Surprise
A jump in fixed-income results helped Morgan Stanley post the only increase in trading revenue among the six biggest U.S. banks this year.