https://news.google.com/__i/rss/rd/articles/CBMiRmh0dHBzOi8vd3d3Lndzai5jb20vYXJ0aWNsZXMvbW9yZ2FuLXN0YW5sZXktcHJvZml0LXJpc2VzLTktMTE2NDI1OTc2OTTSAQA?oc=5
A booming market for deals and brisk demand for financial advice lifted Morgan Stanley ’s fourth-quarter earnings and helped the Wall Street firm set a full-year profit record.
The bank posted a profit of $3.7 billion, up 9%, or $2.01 a share. Analysts expected $1.94 a share, according to FactSet. Revenue rose 7% to $14.5 billion in the quarter, which fell just short of expectations.
