Search
Add Axios as your preferred source to
see more of our stories on Google.
Stronger sales and trading revenue following November's presidential election helped Morgan Stanley double its profit in the 4th quarter of 2016. Earnings rose to $1.51 billion from $753 million a year earlier.
Three is a trend: JPMorgan and Bank of America beat earnings estimates last week for the same reason, the post-election stock market rally that helped boost trading income.
