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Aparajita Saxena
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- Goldman's revenue beat powered by M&A bankers, equity traders16 Jan 2019—reuters.com(Reuters) - Goldman Sachs (GS.N) topped analysts’ revenue estimates on Wednesday as strength in its equities desk and M&A advisory cushioned losses from bond trading, making it the only Wall Street bank so far to show growth in fourth-quarter trading revenue. FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo Heightened market volatility...
- Morgan Stanley executives tamp down enthusiasm on record profit18 Apr 2018—Reuters(Reuters) - Morgan Stanley (MS.N) reported record first-quarter profit on Wednesday thanks to a surge in trading activity, much like other Wall Street banks, but executives warned results through the rest of the year may not be quite as strong. Capital markets flourished during the first few months of 2018 as major economies expanded around the globe and U.S. interest rates rose, with bouts of volatility proving generally positive for trading. As investors flocked to stock, bond, commodity...
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