Four-quarter profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street revival that ...
Bank of America and Morgan Stanley were two highlights from a second day of earnings reports from major American financial institutions. Investors cheered Wednesday's results, sending shares of ...
Earnings per share nearly tripled to $2.22 from 85 cents, to beat the FactSet consensus of $1.70.
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which ...