Published Apr 15, 2026, 3:59 PM ET · Updated 7 months ago · 1 source
Bank Earnings Clear Path for Stock Record Highs
bloomberg
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Original Report
INFERY
Morgan Stanley’s stock traders joined the rest of Wall Street with a record-breaking first quarter. The firm took in $5.15 billion from equity trading in the first three months of the year, according to a statement Wednesday. The 25% jump came in ahead of expectations and boosted total trading revenue to $8.51 billion. Morgan Stanley’s closely watched wealth business pulled in $118.4 billion in net new assets, more than expected. As Bank of America Corp.’s stock-trading desk set a record, ridin