UPDATE 1-Morgan Stanley quarterly profit tanks; adjusted profit beats view
17 Jan UPDATE 1-Morgan Stanley quarterly profit tanks; adjusted profit beats view
Posted at 12:30h
in
News
by KMFSLLP
Jan 18 (Reuters) – Morgan Stanley’s quarterly profit
dropped almost 60 percent on a provision related to the new U.S.
tax law, but adjusted profit beat analyst expectations as
strength in wealth management helped offset a drop in trading
revenue.
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