Morgan Stanley Slips Behind Goldman After Posting 3Q Loss

Morgan Stanley (MS) reported a surprising third-quarter loss, suggesting the bank is losing hard-won ground against Goldman Sachs (GS) for Wall Street supremacy. The firm’s $91 million loss came a day after Goldman overcame those same conditions to beat Street estimates with a $1.9 billion profit.- Reuters

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.