Morgan Stanley and Goldman Sachs published economic revenues during the Thursday. Financial Institution finished perfect third quarter of the year.

Bank Morgan Stanley raised net profit by 19 percent to 2,11 billion USD, which exceeded the estimate. In particular, revenue from stock trades helped to offset the weaker result of bond trading and advisory services. Earnings per share reached 1,17 USD, while analysts at the Reuters poll expected 1,01 USD. Revenues from stock trading increased by 7 percent, from bond transactions by one percent. Total sales rose 7,3 percent to 9,87 billion USD.

Morgan Stanley shares posted about two percent after publishing the results. But they depreciated around 17 percent this year before.Trading in securities throughout the third quarter saw instability due to the trade war between China and the United States.

Goldman Sachs Bank raised profit by 21 percent. Like her competitor, Morgan Stanley has surpassed her expectations. The US investment bank increased yoy net income by 20,5 percent to 2,45 billion USD. The result according supported gains from stock trading and investment banking. Net earnings per share climbed to 6,28 USD, while analysts averaged 5,38 USD per share, Reuters said. Revenues increased year-on-year by 3,8 percent to 8,65 billion USD.

Earnings from trading in shares in the third quarter rose by eight percent to 1,79 billion USD. These quarterly business results are the latest under the leadership of Lloyd Blankfein. David Solomon heads his position in bank after 12 years in October.

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