Morgan Stanley’s profits shot higher at the end of last year, as it joined other Wall Street banks in benefiting from a recovery in dealmaking and booming trading around Donald Trump’s victory in the US election.
Morgan Stanley reported fourth-quarter net income of $3.7bn, up from $1.5bn one year ago. Revenues were $16.2bn sharply higher year on year from $12.9bn and set a post-2008 financial crisis record.
Morgan Stanley chief financial officer Sharon Yeshaya described the bank’s results to the Financial Times as “a really strong quarter and a really strong year . . . the pipelines are the healthiest we have seen in several years”.
您已閱讀25%(638字),剩餘75%(1884字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。