Wednesday, October 1, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Real Estate

Morgan Stanley’s profit rises as investment banking recovers

by Riah Marton
in Real Estate
Morgan Stanley’s profit rises as investment banking recovers
Share on FacebookShare on Twitter


MORGAN Stanley’s profit rose in the first quarter, lifted by a resurgence in investment banking.

The Wall Street bank on Tuesday (Apr 16) reported net income of US$3.4 billion, or US$2.02 per diluted share, in the three months ended Mar 31. That compares with US$3 billion, or US$1.70 per share, a year earlier.

Investment banking activity has rebounded from a two-year dealmaking drought as large corporates issued near-record levels of debt and equity capital markets became more active.

At rival Goldman Sachs, profit jumped 28 per cent as investment banking bounced back and trading revenue surged, it reported on Monday.

Investment banking results also improved at JPMorgan Chase and Citigroup, fuelled by debt and equity capital markets.

The quarter was Morgan Stanley’s first with Ted Pick at the helm.

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Morgan Stanley’s total revenue increased to US$15.14 billion in the first quarter, compared with US$14.5 billion, a year earlier. REUTERS

Tags: BankingInvestmentMorganProfitrecoversrisesStanleys
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

Next Post
Bain proposes IPO of Japan’s Kioxia to clear way for US.8 billion loan refinance: source

Bain proposes IPO of Japan’s Kioxia to clear way for US$5.8 billion loan refinance: source

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In