Breaking: Morgan Stanley, Bank of America...
💡 Key Market Insights
Morgan Stanley and Bank of America both beat Wall Street estimates for third quarter earnings. It was a very special quarter for Morgan as its Trading revenue finally surpassed that of rival Goldman Sachs. Goldman has dominated the equity-trading business in recent years. Bank of America also reported earnings that beat estimates on higher investment banking revenue. Bloomberg's Sridhar Natarajan reports on "Bloomberg Open Interest." (Source: Bloomberg)
Source: Original financial news report
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