{"id":51588,"date":"2026-04-15T16:50:30","date_gmt":"2026-04-15T16:50:30","guid":{"rendered":"https:\/\/foreignnewstoday.com\/?p=51588"},"modified":"2026-04-15T16:50:30","modified_gmt":"2026-04-15T16:50:30","slug":"morgan-stanley-traders-see-massive-wins-as-ted-pick-led-bank-records-record-results","status":"publish","type":"post","link":"https:\/\/foreignnewstoday.com\/?p=51588","title":{"rendered":"Morgan Stanley traders see massive wins as Ted Pick-led bank records record results"},"content":{"rendered":"<p><br \/>\n<br \/><\/p>\n<div>\n<p id=\"p-rc_ec79894b459e51f1-37\">Morgan Stanley posted record first-quarter revenue on Wednesday and a 29% jump in profit as its trading desks cashed in on Wall Street\u2019s volatile start to the year.<\/p>\n<p id=\"p-rc_3a5495b390a838b3-28\">The New York banking giant reported net income of $5.57 billion, or $3.43 per share, easily topping the $3.02 analysts expected. <\/p>\n<p id=\"p-rc_3a5495b390a838b3-28\">Revenue surged 16% to a record $20.58 billion, blowing past forecasts of $19.74 billion.<\/p>\n<figure class=\"nyp-slideshow-modal-image wp-block-image aligncenter size-large\"><figcaption>Morgan Stanley, led by Ted Pick, reaped fat profits from its trading desks and wealth management division. <span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p id=\"p-rc_3a5495b390a838b3-29\">Equities trading \u2014 the Wall Streeters who handle stocks, derivatives, and prime brokerage \u2014 hit a record $5.15 billion, up 25% from a year ago, while fixed-income trading across bonds, currencies, and commodities jumped 29% to $3.36 billion. <\/p>\n<p id=\"p-rc_3a5495b390a838b3-29\">Together, those desks helped to push total institutional securities revenue to a record $10.72 billion.<\/p>\n<aside class=\"single__inline-module aligncenter wp-block-nypost-editor-primary-tag\">\n<\/aside>\n<p id=\"p-rc_3a5495b390a838b3-36\">Shares in Morgan Stanley were up nearly 5% in midday trading Wednesday. The stock is up nearly 70% over the past year.<\/p>\n<p>The results capped a bumper week for major U.S. investment banks, proving again that while choppy markets spook everyday investors, they can rake in fat profits for Wall Street trading desks. <\/p>\n<p>Morgan Stanley\u2019s haul helped lift total trading revenue across the industry toward a projected $40 billion-plus quarter for the five biggest US lenders, according to estimates compiled by Bloomberg. <\/p>\n<p>The other four are JPMorgan, Citi, Bank of America, and Goldman Sachs.<\/p>\n<p>Chief Financial Officer Sharon Yeshaya noted market volatility created a lucrative opening for traders, as energy-price swings and Middle East tensions kept clients repositioning their portfolios.<\/p>\n<figure class=\"nyp-slideshow-modal-image wp-block-image aligncenter size-large\"><figcaption>Morgan Stanley was one of the banks advising on a merger between Unilever and McCormick. <span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p id=\"p-rc_3a5495b390a838b3-30\">Investment banking also rebounded. Advisory fees for mergers and acquisitions soared, driving a 36% revenue increase in the division to $2.12 billion. <\/p>\n<p>Among the notable deals \u200bin the quarter, Morgan Stanley was one of the advisers to Unilever\u00a0on the proposed merger of its food business with McCormick that will create a $65 billion global \u200bfood behemoth.<\/p>\n<p id=\"p-rc_3a5495b390a838b3-31\">While trading delivered explosive growth, Morgan Stanley\u2019s wealth management division posted its own record. The unit generated $8.52 billion in net revenue, a 16% increase, and pulled in $118.4 billion in net new client assets. Fee-based flows hit $53.7 billion.<\/p>\n<p id=\"p-rc_3a5495b390a838b3-32\">Chairman and CEO Ted Pick said the quarter validates the bank\u2019s strategy of pairing high-octane trading profits with reliable wealth-management fees.<\/p>\n<p id=\"p-rc_3a5495b390a838b3-33\">\u201cThese results affirm the capabilities of our integrated firm as we deliver a higher plane of operating performance,\u201d he said.<\/p>\n<figure class=\"nyp-slideshow-modal-image wp-block-image aligncenter size-large\"><figcaption>Pick said the quarter validates the bank\u2019s strategy of pairing high-octane trading profits with reliable wealth-management fees. <span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p id=\"p-rc_3a5495b390a838b3-34\">The lone weak spot was investment management, where revenue slipped 4% to $1.54 billion due to lower performance fees from private funds, though total assets under management grew to $1.87 trillion.<\/p>\n<p>Analysts praised the beat, reaffirming the strength of the bank\u2019s diversified model.<\/p>\n<p>\u201cAgainst a strong backdrop, Morgan Stanley continues to fire on all cylinders,\u201d Morningstar equity analyst Sean Dunlop wrote in a research note following the release.<\/p>\n<p>\u201cThe firm\u2019s approach of demonstrating durable operating performance through cycles rather than chasing short-term highs is working,\u201d added Glenn Schorr, an analyst at Evercore ISI who regularly tracks the bank\u2019s performance.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/nypost.com\/2026\/04\/15\/business\/morgan-stanley-traders-see-massive-wins-as-ted-pick-led-bank-records-record-results\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morgan Stanley posted record first-quarter revenue on Wednesday and a 29% jump in profit as its trading desks cashed in on Wall Street\u2019s volatile start to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":51589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[40],"tags":[],"class_list":["post-51588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/51588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51588"}],"version-history":[{"count":0,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/51588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/media\/51589"}],"wp:attachment":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}