Morgan Stanley profit rises on dealmaking boost

Morgan Stanley
Goldman Sachs Group, Inc.

Morgan Stanley

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Goldman Sachs Group, Inc.

GS

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July 15 (Reuters) - Morgan Stanley MS.N reported a rise in second-quarter profit, driven by strong mergers and acquisitions activity despite macroeconomic uncertainty.

Net income applicable to the investment bank came in at $5.58 billion, or $3.46 per share, in the three months ended June 30, compared with $3.54 billion, or $2.13 per share, a year earlier.




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