Morgan Stanley, Bank of America Beat Estimates as Trading Activity Surges
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Morgan Stanley, Bank of America Beat Estimates as Trading Activity Surges
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 ...
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