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The upper floors of 1585 Broadway, Morgan Stanley's headquarters tower in Midtown Manhattan, with the Morgan Stanley name near the top of its glass facade against a pale blue sky.
Markets

Morgan Stanley Earned $3.03 a Share on $20.3 Billion of Revenue. Equities Supplied $1.7 Billion of the $2.1 Billion Increase.

Morgan Stanley reported third-quarter net revenues of $20.3 billion and earnings of $3.03 a share on Wednesday 14 October, up from $18.2 billion and $2.80 a year earlier. Equity revenue rose 41 per cent to $5.8 billion, while fixed income fell 7 per cent. Return on tangible common equity was 22.6 per cent, against 23.5 a year earlier.

The glass-and-steel tower of Goldman Sachs's headquarters at 200 West Street, seen from below against a blue sky with white clouds.
Markets

Goldman Earned $17.01 a Share Against a $13.02 Consensus. Equities Revenue Alone Ran About $1.8 Billion Above the Preview Estimate.

Goldman Sachs reported third-quarter earnings of $17.01 a share on Tuesday 13 October, against an LSEG consensus of $13.02, on net revenue of $18.68 billion. Equities revenue rose 72 per cent from a year earlier to $6.44 billion, while fixed income was flat. Earnings per share were still 19 per cent below the second quarter.