x Abu Dhabi, UAE Thursday 20 July 2017

Morgan Stanley joins bank Goldman Sachs in reporting soaring profits in spite of the recession, so should we be worried?

Morgan Stanley joins bank Goldman Sachs in reporting soaring profits in spite of the recession, so should we be worried?

Morgan Stanley joins bank Goldman Sachs in reporting soaring profits in spite of the recession, so should we be worried? Are merchant banks unfairly making money on the downside of the market, after helping drive the excessive exuberance that many say caused the downturn in the first place?