News Formal

Morgan Stanley's earnings top Wall Street expectations, helped by record wealth management revenue

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Morgan Stanley reported fourth-quarter earnings before the opening bell on Tuesday.

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange , January 19, 2022.reported fourth-quarter earnings on Tuesday that exceeded Wall Street expectations, boosted by the bank's record revenues from wealth management.Revenue: $12.75 billion, versus $12.64 billion, according to Refinitiv

The company's wealth management posted record net revenues of $6.63 billion in the latest quarter, 6% higher than a year ago. The result was helped by an increase in net interest income on higher interest rates and bank lending growth, the bank said.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Morgan Stanley is set to report fourth-quarter earnings—here’s what the Street expectsMorgan Stanley is set to report fourth-quarter earnings before the opening bell on Tuesday.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »