Morgan Stanley profit jumps 45% on trading boom
July 16 (Reuters) - Morgan Stanley MS.N posted a 45% rise in quarterly profit on Thursday, driven by strong trading gains as the coronavirus pandemic whipsawed global financial markets since March.
The bank's earnings attributable to common shareholders rose to $3.2 billion, or $1.96 per share, in the second quarter ended June 30, from $2.2 billion, or $1.23 per share, a year ago.
(Reporting by C Nivedita and Elizabeth Dilts in New York; Editing by Saumyadeb Chakrabarty)
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