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Morgan Stanley Q4 Earnings Analysis: Profits Decline

Morgan Stanley, one of the largest investment banks, did not meet expectations, resulting in a decline in profits. However, the wealth management arm of the firm exceeded expectations.

Morgan Stanley Profits Decline, but Wealth Management Exceeds Expectations, New CEO Optimistic. PHOTO: ALP/Reuters
Morgan Stanley Profits Decline, but Wealth Management Exceeds Expectations, New CEO Optimistic. PHOTO: ALP/Reuters

While the fixed-income trading business saw little change in revenue compared to the previous year, disappointing analysts who were anticipating growth, the wealth management unit reported a net revenue of $6.65 billion, surpassing expectations of $6.4 billion.

The increase in revenue can be attributed to higher interest rates, which have boosted net

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