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Investment Banking

Morgan Stanley exceeds forecasts with 46% jump in fourth-quarter profits

Morgan Stanley’s fourth-quarter profits jumped 46% from a year earlier, the company said on Thursday, helped by a massive boost from the bank’s trading...

Goldman Sachs profit falls 24% as legal expenses mar results

Goldman Sachs said its fourth-quarter profits dropped by 24% from a year earlier, as the bank had to set aside money to cover its...

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