Tech News
← Back to articles

Goldman Sachs and Morgan Stanley see double-digit profit jumps

read original related products more articles

Fourth-quarter investment fee revenues over at Goldman were up 25% year-over-year and Morgan Stanley saw a 47% jump in revenue in its investment banking division. A surging stock market and a flurry of deal-making padded the profits of Wall Street’s two big investment banks, which both saw a double-digit jump in profits in the fourth quarter.