At $4.3 billion, equity-trading revenue for the second quarter was about $600 million more than what analysts were expecting ...

A year on from the start of trading, high costs and a slow build-up mean Jain Global is at the bottom of the pack of so-called multi-managers that it is seeking to challenge. “This is a Darwinian ...

Goldman Sachs' stock traders have reported the largest revenue haul in Wall Street history, driven by volatility stemming from the Trump administration’s trade war. The second quarter saw a second ...

Morgan Stanley CEO Ted Pick, who runs one of Wall Street's biggest dealmakers, said his own firm was considering acquisitions ...

We view Morgan Stanley's strategic approach as appropriate as it effectively leverages the firm's strengths in wealth management and investment banking and trading. The firm's business has evolved ...

Wealth Management revenues totaled $7.8 billion, with pretax profit at $2.2 billion and a pretax margin of 28.3%. Fee-based flows were $43 billion, and net new assets were $59 billion, despite a $22 ...

One scoop to start: Diageo chief executive Debra Crew has quit with immediate effect, confirming an earlier report by the FT that she was to be replaced. The Guinness and Johnnie Walker owner is ...