Morgan Stanley beat the estimates with a 57% increase in third-quarter profit as fixed-income trading revenue surged. The bank’s net income rose to $1.6 billion, or 81 cents per share, from $1.02 billion, or 48 cents per share, in Q3 of 2015, according to a company statement.
Bloomberg (10/19), The Wall Street Journal (tiered subscription model) (10/19)
