Morgan Stanley beats expectations on booming deal making environment
![](https://www.cityam.com/wp-content/uploads/2021/10/Morgan-Stanley-Headquarters-At-1585-Broadway-In-New-York-1234662609.jpg?w=742)
Wall Street giant Morgan Stanley beat profit expectations for the third quarter, driven by a booming deal making environment.
The US bank notched $3.7bn in profits over the last months, up around $1bn from the same period last year, it said today.
More to follow.