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Morgan Stanley Exceeds Q2 Expectations with Investment Banking Surge

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Source: Benzinga
Morgan Stanley Exceeds Q2 Expectations with Investment Banking Surge
Photo: Benzinga
TL;DR

Morgan Stanley reported strong Q2 earnings with EPS of $1.82, beating expectations, and sales of $15.02 billion, driven by a rebound in trading and investment banking. Institutional Securities saw significant revenue growth, particularly in Equity and Investment Banking, while Wealth Management also performed well. The bank is on track to reach a $10 trillion client asset target.

Topics:top-newsfinance#earnings#finance#investment-banking#morgan-stanley#trading-revenue#wealth-management
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  1. Morgan Stanley Q2 Earnings: Higher Profits As Investment Banking Activity Rebounds, On Track To Reach $10T Client Assets  Benzinga
  2. Morgan Stanley tops estimates on stronger-than-expected trading and investment banking  CNBC
  3. Morgan Stanley's investment banking surge solidifies Wall Street dealmaking revival  Yahoo Finance
  4. Morgan Stanley Traders, Bankers Top Estimates as Wealth Lags  Bloomberg
  5. Morgan Stanley Earnings and Revenue Top Expectations. Stock Falls.  Barron's

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