The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
Morgan Stanley is positioned for a liftoff – but timing is in the hands of the U.S. Federal Reserve. Solid trading and cost cuts left the Wall Street bank earning $1.5 billion, 62 percent higher than the same period last year. That put annualized return on equity just shy of 9 percent, the lower end...
13:48 Wells Fargo Profit Falls 5.4% as Mortgage Revenue Declines23
12:23 Sterling volatile as market speculates on ‘hard Brexit’; investors await May's speech12
05:09 Sterling slides to 3-month lows on 'hard Brexit' fears11
01:03 Sterling slides to three-month lows on 'hard Brexit' fears11