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Morgan Stanley 4Q earnings smash Wall Street forecasts as revenue jumps across the board

7 days ago   |   By Business Insider

Yuri Gripas/Reuters
Morgan Stanley posted fourth-quarter earnings on Thursday that smashed Wall Street's revenue and profit forecasts.
Net revenue surged 27% to $10.9 billion, sending net income up 46% to about $2.2 billion.
The bank delivered record revenue and net income last year.
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Morgan Stanley posted fourth-quarter earnings on Thursday that smashed Wall Street's revenue and profit forecasts, according to a Bloomberg survey of analysts.
The bank posted higher revenues across its three main divisions, reflecting strong growth in sales...
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