Tag: Morgan Stanley (financial services company)

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With investment-banking business surging in the first quarter, big-bank bosses have made no secret of their enthusiasm for Wall Street, and they're holding out fresh hope for a sustained resurgence in trading.

Stocks were higher on Tuesday as earnings continued to beat expectations.

Investors are cautious due to concerns about tensions in the Middle East, delayed interest rate cuts and bank earnings.

Wall Street bosses are finally seeing signs of a broader turnaround in investment banking, but they are not yet cheering. In the first quarter, the investment banking divisions of the biggest U.S. banks grew strongly, with revenues and fees rising sharply. The capital markets are leading the recovery, executives say.