Morgan Stanley: Inside the Second-Quarter Numbers

The video discusses Morgan Stanley's impressive performance in investment banking, with significant increases in stock and bond deals, surpassing expectations. Their trading sector also excelled, outperforming Goldman Sachs. The wealth management division showed strong revenue, but concerns arose over Morgan Stanley's exit from the broker protocol, raising questions about financial advisor recruitment.

What was the percentage increase in Morgan Stanley's new stock deals?

• 20%

• 34%

• 7%

• 14%

How did Morgan Stanley's investment banking revenue compare to its peers?

• It increased by 34%

• It increased by 20%

• It remained the same

• It decreased by 20%

Which company did Morgan Stanley outperform in trading this quarter?

• Citigroup

• Bank of America

• Goldman Sachs

• JPMorgan Chase

What concern was raised about Morgan Stanley's wealth management side?

• Decreasing revenue

• Exiting the broker protocol

• High employee turnover

• Lack of new clients

What is the broker protocol that Morgan Stanley exited?

• A pact to not recruit each other's financial advisors

• A financial reporting standard

• A trading partnership

• An agreement to share client data