Morgan Stanley is set to report third-quarter earnings —here’s what the Street expects

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Morgan Stanley is set to report third-quarter earnings —here’s what the Street expects
Nederland Laatste Nieuws,Nederland Headlines

Wall Street banks are grappling with the collapse in IPOs and issuance this year, a sharp reversal from the deals boom that drove results last year.

Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013.Here's what Wall Street expects:Revenue: $13.3 billion, 10% lower than a year earlierTrading: Equities $2.68 billion, Fixed Income $1.96 billion, according to StreetAccountHow is James Gorman's bank navigating increasingly choppy markets?

Wall Street banks are grappling with the collapse in IPOs and debt and equity issuance this year, a sharp reversal from the deals boom that drove results last year. The slowdown was triggered by broad declines in financial assets, recession concerns and the Ukraine war.

 

Nederland Laatste Nieuws, Nederland Headlines

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