Morgan Stanley beat Wall Street expectations with its 4th-quarter earnings, posting a profit of $3.4 billion in the final quarter of the year as trading thrived and the economic outlook brightened.on Wednesday, up from $1.30 a year earlier and beating expectations for $1.27.
"The firm produced a very strong quarter and record full-year results, with excellent performance across all three businesses and geographies," said chairman and chief executive James Gorman.GOLDMAN SACHS: Buy these 25 stocks best-positioned to juice profits in 2021 as stimulus and vaccine progress spur economic growth
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: