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Bank Earnings Clear Path for Stock Record Highs
April 15, 2026
Posted 2 hours ago by
Morgan Stanley’s stock traders joined the rest of Wall Street with a record-breaking first quarter. The firm took in 5.15 billion from equity trading in the first three months of the year, according to a statement Wednesday. The 25 jump came in ahead of expectations and boosted total trading revenue to 8.51 billion. Morgan Stanley’s closely watched wealth business pulled in 118.4 billion in net new assets, more than expected.
As Bank of America Corp.’s stock-trading desk set a record, riding a wave of volatility that helped push the bank’s earnings to the highest in nearly two decades. Bloomberg's Herman Chan joins to discuss these two big bank earnings. (Source: Bloomberg)
Bloomberg
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