Quartz·1 min read·easy
Morgan Stanley's revenue and profit hit records on a surge in stock trading
✦AI Summary
Morgan Stanley achieved record revenue and profit in the second quarter, driven largely by a 69% surge in equities trading revenue. The bank reported total quarterly revenue of $21.35 billion.
Equities trading revenue jumped 69% to $6.3 billion in the second quarter, powering the bank to $21.35 billion in total revenue
businesseconomy
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