Fri Apr 11 11:30:00 UTC 2025: ## Morgan Stanley Q1 Earnings Beat Estimates Amid Market Volatility

**NEW YORK** – Morgan Stanley reported first-quarter earnings that exceeded analyst expectations, driven by a 45% surge in equity trading revenue. The increase comes amidst heightened global market volatility fueled by President Trump’s trade policies and growing recession fears. While the bank’s wealth management division benefited from strong stock market performance, analysts are expected to focus on the outlook for investment banking, which may be impacted by ongoing trade tensions. Shares of Morgan Stanley have fluctuated significantly in recent days reflecting the broader market uncertainty. This is a developing story.

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