Morgan Stanley, the sixth-largest U.S. bank by assets, made more than $100 million in trading revenue on one day in the third quarter, the lowest number of days since 2006.
The firm’s trading division lost money on 10 days during the quarter, compared with five days a year earlier, according to a filing yesterday with the U.S. Securities and Exchange Commission. The New York-based firm made more than $100 million in trading revenue on 18 days in last year’s third quarter.
http://www.bloomberg.com/news/2010-11-08/morgan-stanley-had-fewest-100-million-trading-days-in-quarter-since-2006.html
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