Financial PerformanceRevenue rose 16% y/y to USD15.4bn, while diluted EPS grew 36% to USD1.88, beating expectations.
Investment BankingMorgan Stanley's capital markets revenue grew 21%, the best among the big five, with strong growth in investment banking and advisory services.
Wealth And Investment ManagementMorgan Stanley has capitalized on the boom of global wealth during the last decade and doubled the profit contribution from wealth and investment management from 26% of total profit in 2010 to 62% in 2023.