Ted Select, CEO Morgan Stanley, talking on CNBC’s Squawk Field on the Global Financial Discussion board Annual Assembly in Davos, Switzerland on Jan. 18th, 2024.
Adam Galici | CNBC
Morgan Stanley is about to file fourth-quarter income prior to the outlet bell Thursday.
Right here’s what Wall Boulevard expects:
- Income: $1.70 a proportion, in keeping with LSEG
- Income: $15.03 billion
- Wealth control: $7.36 billion, in keeping with StreetAccount
- Buying and selling: Equities $2.68 of billion, Fastened Source of revenue of $1.68 billion, in keeping with StreetAccount
- Funding Banking: $1.66 billion, in keeping with StreetAccount
Morgan Stanley has a number of elements running in its partiality.
The storage’s immense wealth control industry can be helped by way of prime store marketplace values within the fourth quarter, which inflates the control charges it collects.
Funding banking job endured to rebound ultimate quarter, leaping 29% within the quarter, in line with Dealogic figures, fueled by way of emerging advisory and fairness capital markets job. And buying and selling job used to be supported by way of an eventful election season.
On Wednesday, JPMorgan Chase, Goldman Sachs and Citigroup every crowned expectancies, helped by way of better-than-expected earnings from buying and selling or funding banking.
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