Morgan Stanley gana 16.000 millones a septiembre, un 29% más
La operativa con acciones impulsa con fuerza los resultados del banco de inversión. Leer
Morgan Stanley reported a net profit of $16.057 million in the first nine months of the year, marking a 29% increase compared to the same period last year. The investment bank's strong performance in its equity trading business drove the results. Equity trading generated over $10 billion in revenue, including $5.799 billion from variable interest earnings, a 41% rise from the previous year's decline.
The Institutional Value division benefited from a global strength, with the variable interest franchise leading the way. Meanwhile, the Wealth Management division reported record revenue and added 232 billion dollars in new client assets, with 80 billion in commission-based flows. In total, client assets in the Wealth Management and Investment Management divisions reached 10.5 trillion dollars, underscoring the bank's extensive platform and robust brand. Morgan Stanley's CEO, Ted Pick, emphasized the bank's impressive growth.
Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
