Morgan Stanley Earnings: Equities Trading and Wealth Management

Morgan Stanley’s latest results are discussed through the performance of its equities trading business and wealth management division. The segment also compares equities revenue with Goldman Sachs and notes the market response to the results.

- Equities trading: $5.8 billion in revenue versus a $4.9 billion estimate; comparison with Goldman Sachs’ $6.4 billion
- Wealth management: reported revenue, net new assets, fee-based flows, and total client assets
- Market reaction: Morgan Stanley shares’ movement during the morning

This overview is intended for viewers following bank earnings and financial markets. It provides key reported figures and context for comparing the trading and wealth management businesses; consult the full results for further detail.