The earnings reporting season continues with US bank Morgan Stanley 19 July
- revenue $9.5bln vs $9.13bln exp
- EPS $0.87 vs 0.76 exp vs 0.75 prev
- FICC sales and trading revenue $1.24bln vs 1.20 exp
- investment banking revenue rose 25% to $1.53bln
MS are the 6th largest US bank by assets and performing well it would appear.
US Bancorp also reporting:
- adj EPS $0.85 vs 0.84 exp
- revenue $5.49bln vs 5.47bln prev
