Morgan Stanley Reports Profit Surge Amid Investment Banking Recovery

Morgan Stanley posted a solid 22% increase in Q4 2024 profits, reaching $3.4 billion. The rebound in their investment banking division, fueled by stronger M&A activity and IPOs, seems to have played a big role. Wealth management also remained a key pillar, bringing in $6.5 billion this quarter.

It’s interesting to see this kind of performance, especially given the challenges Wall Street banks have faced with slowing deal-making and economic uncertainties. Analysts are optimistic about Morgan Stanley heading into 2025, though it’ll be interesting to see how much further the recovery can go.