for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Business

Morgan Stanley's profit drops 60 percent

Posted

A tax charge Morgan Stanley took stemming from the new tax law hammered its profit, and trading revenue plunged. But as Fred Katayama reports, its adjusted profit and revenue beat estimates.

Business

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up