Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%

Morgan Stanley posted record quarterly results, with net profit climbing 58% year-over-year to $5.58 billion and total revenue advancing 27% to $21.35 billion, according to results released on Wednesday.
The standout performance was driven by a dramatic surge in equities trading revenue, which reached a record $6.3 billion—roughly $1.9 billion above analyst expectations tracked by StreetAccount. The company attributed strength across its equities business globally, highlighting particular