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Morgan Stanley Shares Soar Most in 4 Years on Q3 Profit Surge
News October 16, 2024 at 10:54 AM
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What You Need To Know
- The firm now oversees $7.6 trillion in assets across its investment management and wealth unit.
- The wealth unit generated revenue of $7.27 billion, with $64 billion in net new assets.
- Investors would do well to look at the bank's ability to attract fee-based assets, the CFO says.
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