Morgan Stanley Profit Beats on Bond Trading Revenue

The transcript discusses Morgan Stanley's strong earnings report, highlighting positive revenue and earnings results. CEO James Gorman's strategy and expense management are examined, with a focus on fixed income trading. Despite concerns about bank profitability, the report shows stability. Trading results are analyzed, noting fluctuations and the need for revenue stability. The transcript concludes with a mention of Morgan Stanley's impressive return on equity.

What was the year-on-year change in total revenue for Morgan Stanley?

What is the return on equity (ROE) reported for Morgan Stanley?