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.
