Morgan Stanley profit rises on dealmaking boost - Reuters News

- 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.




(Reporting by Pritam Biswas in Bengaluru; Editing by Arun Koyyur)