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المشهد العربي
Source: المشهد العربي
5 Hrsالمشهد العربي
Source: المشهد العربي
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Morgan Stanley reported third-quarter results that exceeded market expectations, with net revenues rising 11.6% year over year to $20.34 billion, compared with estimates of $19.95 billion. Net income was $4.91 billion. Equity-trading revenue surged 41% to $5.8 billion, offsetting a 7.3% decline in fixed-income, currencies and commodities revenue to $2.01 billion. Adjusted earnings per share came to $3.03, beating expectations of $2.91, while the wealth-management division attracted $232 billion in net new assets.
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