Morgan Stanley
Charles Schwab to launch direct bitcoin, ethereum trading to compete with Robinhood
Cheng Xin | Getty Images News | Getty Images Charles Schwab is rolling out crypto trading, allowing clients to buy bitcoin and ether through a new arm called Schwab Crypto, the company said Thursday. The move places the brokerage in direct competition with companies like Robinhood, which serves a comparitively younger clientele and also blends […]
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Goldman Sachs bond traders stumbled as Wall Street rivals thrived: ‘A fire is being lit under’ them
Key Points Goldman Sachs’s fixed income division disappointed investors this week, with revenue down 10% and about $910 million below expectations — a rare stumble for a flagship business. “I’d imagine that at Goldman, a fire is being lit under the traders, managers and risk overseers in FICC after such an underperformance,” veteran analyst Mike […]
Read MoreMorgan Stanley tops estimates as trading revenue exceeds expectations by $1 billion
Ted Pick, CEO of Morgan Stanley speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025. Gerry Miller | CNBC Morgan Stanley reported first-quarter earnings before the opening bell Wednesday. Here’s what the company reported: Earnings: $3.43 a share, vs. $3 LSEG estimate Revenue: $20.58 billion, vs. […]
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Bank of America is set to report earnings. Here’s what to expect
Brian Moynihan, CEO of Bank of America, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina | CNBC Bank of America is scheduled to report first-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $1.01 a share, according to LSEG Revenue: […]
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