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Tag Archives: Q1 Earnings

Morgan Stanley’s Profits Take a Massive Hit

According to the release of the investment banking firm’s Q1 earnings statement on Monday, citing market volatility during the first quarter, Morgan Stanley reported a net income decline of more than 50 percent year-over-year.

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The Silent Crisis Among Banks

Trouble is quietly brewing among the largest U.S. financial institutions. Recent earnings statements have shown a dip in profits due loan losses, increased reserves in the oil and gas sectors, and declines in investment banking revenue and profits.

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