Morgan Stanleyâs Profits Rise
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Morgan Stanley said Wednesday that its net income increased 41 percent in the latest quarter, setting a record for the securities firm.
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M&amp;T Bank Corp. , which counts  billionaire Warren Buffett as its second-largest shareholder,  on Wednesday said quarterly profit rose 8 percent, helped by  rising mortgage banking revenue.
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Morgan Stanley follows Lehman Brothers' lead and reports a small fall in three-month profits.
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Profits at US investment bank Goldman Sachs are better than expected, despite slow summer business.
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JPMorgan Chase & Co. on Wednesday said its profit jumped 20 percent in the second quarter, as the nation's third-largest bank benefited from a surge in investment banking fees.
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Investment bank Morgan Stanley yesterday said third-quarter profits slumped by a third as bond trading revenues plunged and expenses including bankers&#39; pay surged.
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U.S. investment bank Morgan Stanley   on Wednesday said its second-quarter earnings more than  doubled, trouncing expectations amid strong increases in  underwriting and trading revenue.
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Profits got a boost despite sluggish sales from the challenging environment.
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NEW YORK/BOSTON  - Bank of New York Mellon Corp  said on Thursday third-quarter profit rose 11 percent, topping analysts' forecasts, helped by growth in fees from asset management and providing back-office services to institutional clients.
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Morgan Stanley MWD.N and Bear  Stearns Cos. Inc. BSC.N, two of Wall Street's biggest  securities firms, on Tuesday said their fourth-quarter profits  rose as a flurry of mergers and a year-end stock rally boosted  investment banking fees.
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The investment firm reported strong third-quarter earnings.
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JPMorgan Chase & Co.  said on Wednesday second-quarter net income rose 20 percent on strong investment banking and asset management results.
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Goldman Sachs Group Inc. on Thursday said fourth-quarter profit rose as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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U.S. investment bank Lehman Brothers  Holdings Inc.  on Thursday said its fiscal  fourth-quarter profit rose 22 percent on increased income from  mergers, offerings and trading.
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Morgan Stanley  on Wednesday said its second-quarter profit rose 40 percent, trouncing expectations as most of its trading and investment-banking businesses achieved record results.
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Morgan Stanley MS.N on Wednesday   said quarterly earnings rose on strong trading and merger   activity, as the largest U.S. investment bank continued its   turnaround from a tumultuous 2005.
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Morgan Stanley  on Wednesday said its second-quarter earnings rose 41 percent to a new record, beating expectations on higher trading and investment banking results.