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Morgan Stanley Reports Fourth Quarter and Full Year 2018

Jan 17, 2019 - Business Wire

Morgan Stanley (NYSE: MS) today reported net revenues of $8.5 billion1 for the fourth quarter ended December 31, 2018 compared with $9.5 billion a year ago. For the current quarter, net income applicable to Morgan Stanley was $1.5 billion, or $0.80 per diluted share,4 compared with net income of $643 million, or $0.26 per diluted share,4,5 for the same period a year ago. In the current quarter, the Firm recorded an intermittent net discrete tax benefit of $111 million, or $0.07 per diluted share...