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Profit at Morgan Stanley Climbs 27% to $1.4 Billion

In spite of Morgan Stanley's strong first-quarter performance, the threat of a credit rating downgrade still hangs over the bank.
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Morgan Stanley swung to a profit in the second quarter. ||| Morgan Stanley swung to a profit in the second quarter, though revenue declined 24 percent due to a slowdown in trading and dealmaking. The investment bank reported earning...

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Moody's has downgraded the credit ratings for notes issued by Goldman Sachs, JP Morgan, Morgan Stanley, and BNY Mellon, citing updated views of government support and issues within the banks themselves. The agency also lowered the s...

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