The income from bond trading has increased
Major US bank Morgan Stanley
Helping record profits. In the year as a whole, it rose to shareholders
lost four percent surplus to $ 8.5 billion
(EUR 7.6 billion), as the bank announced in New York on Thursday.
It exceeded the average expectations of analysts
clear. It also went well in wealth management for wealthy clients
better than expected at the end of the year.
The bank had achieved its goals in all segments, said
Morgan Stanley boss James Gorman. Like the other big US banks,
who presented their numbers this week benefited Morgan
Stanley grew strongly in the fourth quarter
Bond trading. Compared to the same period last year, they doubled
the fee income here.
Seen across the Group, the 27 percent increase in earnings alone led to
fourth quarter added that the bank’s revenue for the full year
could increase at all. Ultimately, earnings grew in 2019
three percent to $ 41.4 billion./stw/kro/jha/
ISIN US6174464486
AXC0220 2020-01-16 / 14: 11
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