– Morgan Stanley’s profit rose in the second quarter as investment banking activity rebounded.
Net income rose to $3.1 billion, or $1.82 per share, in the three months ended June 30, the bank said on Tuesday. That compares with $2.2 billion, or $1.24 per share, a year earlier.
(Reporting by Manya Saini in Bengaluru; editing by Lananh Nguyen and Devika Syamnath)
