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

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

South Africa News News

South Africa South Africa Latest News,South Africa South Africa 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.

 

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:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Stock Market Today: Dow Closes Up 800 Points, U.S. Stocks Rally Following Inflation DataIn a major turnaround, the Dow closed up more than 800 points after investors shook off hot inflation data Sounds healthy passed this time
Source: WSJ - 🏆 98. / 63 Read more »