BUSINESSJul 15 · 11:42 UTCCNBC TOP

Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%

Morgan Stanley reported record quarterly revenue and profit, driven by a 69% surge in equities trading. The firm's performance was bolstered by higher trading and investment banking revenue, aligning with trends seen at competitors like JPMorgan Chase and Goldman Sachs.

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