Morgan Stanley’s fourth quarter IB profits fall 5% from 2009
Morgan Stanley’s investment banking arm made pre-tax profits of $437m in the fourth quarter of 2010, up 80% from the third quarter, but down 5% from the fourth quarter of 2009. And the bank’s fixed income sales and trading business continued to disappoint.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts