Morgan Stanley’s Earnings Fall 9% on Lower Investment-Banking Revenue

  • 📰 WSJ
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Fees from advising corporate clients on mergers and acquisitions fell by more than 30%

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/finance/banking/morgan-stanley-earnings-fall-9-on-lower-investment-banking-revenue-f3ada31aMarissa Alper for The Wall Street Journal Morgan Stanley said third-quarter profit fell 9% from a year ago, hit by a sharp decline in deal making. Investment-banking revenue dropped 27% to $938 million. . So did revenue from underwriting bond offerings. The bank did post an increase in equity underwriting.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 98. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley earnings fall 10% but beat lowered Wall Street expectationsTrading revenue rises 10%, but investment banking remains weak amid a dearth of deals
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market Today: Morgan Stanley, P&G Earnings in SpotlightOil prices rally; Treasury yields hold above 4.8%
Source: WSJ - 🏆 98. / 63 Read more »

Morgan Stanley is set to report third-quarter earnings — here's what the Street expectsMorgan Stanley has managed to avoid the turbulence afflicting some of its rivals.
Source: NBCLA - 🏆 319. / 59 Read more »

Morgan Stanley is set to report third-quarter earnings — here’s what the Street expectsMorgan Stanley has managed to avoid the turbulence afflicting some of its rivals.
Source: CNBC - 🏆 12. / 72 Read more »

Morgan Stanley earnings are out – Here are the numbersMorgan Stanley has managed to avoid the turbulence afflicting some of its rivals.
Source: NBCLA - 🏆 319. / 59 Read more »

Morgan Stanley earnings: What to expectMorgan Stanley may see a boost to its trading revenue, with its wealth management business also in focus
Source: MarketWatch - 🏆 3. / 97 Read more »