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The Wall Street investment banking powerhouse posted huge annual profits on the back of a record-breaking year for mergers and acquisitions

Morgan Stanley posts higher profit on M&A boom

Morgan Stanley beat quarterly profit expectations today by capitalising on a boom in dealmaking and earning robust fees from managing assets for wealthy clients, sending the shares of the Wall Street investment bank up 5%.

Business • 19 Jan 22

Morgan Stanley was bolstered by gains from record levels of dealmaking in the third quarter of the year

Morgan Stanley Q3 profit jumps on dealmaking boom

Morgan Stanley has today posted a bigger third-quarter profit than expected, bolstered by gains from record levels of dealmaking.

Business • 14 Oct 21

Files stolen also included client names, addresses, date of birth and corporate company names

Morgan Stanley's client info stolen in vendor hack

Morgan Stanley has disclosed that personal data of some of its corporate clients was stolen in January in a data breach that involved a third-party vendor and hackers accessed information, including social security numbers.

Business • 09 Jul 21

Morgan Stanley's chief executive James Gorman

Morgan Stanley CEO tells staff to be back by September

Morgan Stanley's chief executive officer has said that if most employees are not back to work at the bank's Manhattan headquarters in September, he will be "very disappointed."

Business • 15 Jun 21

Morgan Stanley is one of Wall Street's premier investment banks

Morgan Stanley profit beats estimates on dealmaking

Morgan Stanley has today disclosed an almost $1 billion loss from the collapse of private fund Archegos, muddying a 150% jump in first-quarter profit that was powered by a boom in trading and deal-making.

Business • 16 Apr 21

Morgan Stanley said its net revenue rose to $13.64 billion in the fourth quarter, from $10.86 billion last year

Morgan Stanley profit surges on trading strength

Morgan Stanley's profits surged in the fourth quarter, racing past estimates as the Wall Street bank's trading business benefited from coronavirus-induced volatility in financial markets.

Business • 20 Jan 21

Morgan Stanley said its earnings per share rose to $1.66 from $1.27 a year ago

Morgan Stanley's quarterly profit beats estimates

Morgan Stanley eased past Wall Street estimates for profit today, wrapping up mixed third-quarter earnings for big US banks that saw those focused on trading clocking big gains while retail banks took a hit from the pandemic.

Business • 15 Oct 20

Morgan Stanley has today posted a 45% rise in its second quarter profits

Morgan Stanley's profit jumps 45% on trading boom

Morgan Stanley has posted a better-than-expected surge in quarterly profit, driven by strong trading gains as the coronavirus pandemic drove record swings in global financial markets.

Business • 16 Jul 20

Morgan Stanley's advisory and wealth management businesses took a hit from the economic fallout of the Covid-19 pandemic

Morgan Stanley profit plunges as deals hit by Covid-19

Morgan Stanley has today posted a 32% fall in quarterly profit as its advisory and wealth management businesses took a hit from the economic fallout of the Covid-19 pandemic.

Business • 16 Apr 20

Morgan Stanley has sought to reinvent itself as a wealth manager following its near-collapse in the financial crisis

Morgan Stanley to acquire E*Trade in $13bn deal

US investment bank Morgan Stanley has announced it will buy online trading pioneer E*Trade in a deal valued at $13 billion.

Business • 20 Feb 20

Morgan Stanley saw stronger bond trading and underwriting business in the fourth quarter of 2019

Gorman boosts Morgan Stanley's performance targets

Morgan Stanley has today lifted its performance goals after beating Wall Street estimates by a wide margin, the latest sign that chief executive James Gorman's strategic vision for the bank is bearing fruit.

Business • 16 Jan 20

Morgan Stanley said it was buoyed by higher revenue from bond trading and M&A advisory fees in the third quarter

Morgan Stanley profit beats estimates on bond trading

Morgan Stanley capped quarterly earnings from big US banks with a higher-than-expected profit on strength in bond trading and M&A advisory.

Business • 17 Oct 19

Low market volatility crimped Morgan Stanley's trading and advisory revenue

Morgan Stanley profit beats on wealth management focus

Morgan Stanley reported a drop in quarterly profit but beat analysts' expectations on slim gains in its wealth management business and lower expenses.

Business • 18 Jul 19

Morgan Stanley posts a 9% drop in quarterly profit

Morgan Stanley's Q1 profit beats forecast

Morgan Stanley beat analysts' estimates for a quarterly profit today on gains in its wealth management business and lower expenses.

Business • 17 Apr 19

Morgan Stanley's bond trading results were in line with other Wall Street rivals

Morgan Stanley's quarterly profit more than doubles

Morgan Stanley reported lower-than-expected quarterly profit today as its fixed income trading fell, hurt by increased volatility at the end of the fourth quarter.

Business • 17 Jan 19

Morgan Stanely said a strong performance in its equities trading business outweighed weakness in bond trading

Morgan Stanley profit up 19% on equity trading strength

Morgan Stanley has today beaten estimates for quarterly profit as higher revenue from trading in stocks and strong equity underwriting outweighed weakness in its bond trading and advisory businesses.

Business • 16 Oct 18

Morgan Stanley's net revenue rose 11.6% to $10.61 billion in the second quarter of the year

Morgan Stanley beats second quarter forecasts

Morgan Stanley has today reported a better than expected quarterly profit, driven by higher revenues in equities and fixed income trading as well as investment banking.

Business • 18 Jul 18

Morgan Stanley's first quarter profits boosted by increased market volatility

Morgan Stanley profit jumps 40% on trading boost

Morgan Stanley has today reported a 40% jump in quarterly profit, as its trading business got a boost from increased market volatility.

Business • 18 Apr 18

Top US investment banks are still planning to hire far more people in London than anywhere else in Europe

US investment banks still betting on London

A year before Britain is due to leave the European Union, top US investment banks plan to hire far more people in London than anywhere else in Europe.

Business • 05 Mar 18

Central Bank Governor Professor Philip Lane

Central Bank eyes more Brexit-related authorisations

The Central Bank expects to see an increase in Brexit-related authorisations from financial services firms looking to set to set up in the country or extend their current operations, Governor Philip Lane said today.

Business • 31 Jan 18

JPMorgan took a 37% hit to quarterly profit due to a $2.4 billion charge related to the US tax law changes

Morgan Stanley quarterly profit sinks

Morgan Stanley's quarterly profit dropped almost 60% on a provision related to the new US tax law.

Business • 18 Jan 18

Morgan Stanley's wealth management revenue rose 8.7% to $4.22 billion - its highest ever

Morgan Stanley's wealth management unit drives profits

Morgan Stanley has posted a much higher-than-expected quarterly profit as record revenue from its wealth management business helped offset the blow from a slump in trading activity.

Business • 17 Oct 17

The bank also plans to shift a smaller number of banking and trader jobs to Dublin

Morgan Stanley set to pick Frankfurt as initial EU hub

Morgan Stanley has picked Frankfurt as a new temporary hub to operate in the European Union when Brexit takes effect, according to a source familiar with the situation.

Brexit • 19 Jul 17

The sixth-largest US bank by assets reported an 11% rise in second-quarter profit

Morgan Stanley beats Wall Street profit expectations

Morgan Stanley beat Wall Street's profit expectations today, reporting gains across most of its businesses and producing more trading revenue than rival Goldman Sachs, a rare feat.

Business • 19 Jul 17

A series of state-led steps involving capital injections and a plan to bailout Monte dei Paschi, the world's oldest bank, have provided some relief to the Italian banking system

Italian banks may take 10 years to fix bad debt issue

Italian banks could take ten years to reduce their level of non-performing loans (NPLs) to the European average, Morgan Stanley has said, adding that setting up a "bad bank" could help.

Business • 17 Jul 17