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Morgan Stanley expects trading, investment banking results to weaken

05/31/2023
Less than a minute

2023.05.31 15:49


© Reuters. FILE PHOTO: The corporate logo of financial firm Morgan Stanley is pictured on the company’s world headquarters in New York, U.S. April 17, 2017. REUTERS/Shannon Stapleton

NEW YORK (Reuters) – Morgan Stanley (NYSE:) expects to its revenue from trading and investment banking to slump in the second quarter given a more challenging economic environment, co-president Andy Saperstein told investors Wednesday.

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05/31/2023
Less than a minute

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