Bank profits in a recession
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
The market volatility of the past few months has been a boon for the trading divisions of many Wall Street banks, including Morgan Stanley. Laura Noonan, the FT’s US banking editor, explains how success in trading, and a focus on wealth management has positioned Morgan Stanley to make gains during the pandemic - and whether this trend is likely to last.
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Review clips: CNBC, PBS, Federal Reserve
Read more on Laura’s Noonan reporting on Morgan Stanley - https://www-ft-com.ezp-prod1.hul.harvard.edu/content/22d7c870-870d-4423-bd6f-6e384961f997
Find out what the latest polls say about U.S. voter sentiment towards the economy with FT Washington correspondent Lauren Fedor, Peter Spiegel, the FT’s US managing editor and Michael Peterson of the Peter G. Peterson Foundation. The event takes place Monday, October 26 at 12 pm ET. Register here - https://nerpreelectioneconomy-live-ft-com.ezp-prod1.hul.harvard.edu/?segmentId=8f3615ce-4cbc-7122-a54d-8ed636f79675
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