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Morgan Stanley Exclusive: 14% Profit Jump in Q1 2024 Earnings Explained

Morgan Stanley profits soared by 14% this quarter, buoyed by a rebound in investment banking, as the firm capitalizes on a surge in deal-making and capital markets activity.

PHOTO: Morgan Stanley
PHOTO: Morgan Stanley

This announcement came on Tuesday, placing the company alongside other Wall Street titans experiencing a boost from heightened transactional activities. For the first three months of 2024, the financial giant reported a net income of

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