The bond trading bump came after a 25 percent reduction in staff, and helped Morgan Stanley exceed Gorman's $1 billion-per-quarter bond-trading revenue benchmark for the full year.

Excluding debt adjustments, Morgan Stanley's trading revenue rose 33 percent to $5 billion. Pretax income from trading, excluding DVA, more than doubled, to $1.67 billion from $621 million.

Abouhossein, who rates Morgan Stanley shares "outperform," says the bank can get to an 11.7 return-on-equity, compared with 3.9 percent last year, by pulling back from bond trading in the manner ...

Shares of Morgan Stanley rose about 2% in trading before the bell. Investment management revenue nearly doubled to $1.36 billion, with overall net revenue rising by 27% to $10.86 billion.

After years of ratcheting back trading operations in favor of more stable businesses, Morgan Stanley is quietly plotting a comeback, pushing for more fixed-income trading business.

A year ago, Morgan Stanley had just taken an ax to its bond-trading business, scaling back as Goldman Sachs Group Inc. vowed to stay the course. Now, for the first time since 2011, Morgan Stanley ...

Morgan Stanley is aiming to win market share in bond trading, but it is not big enough to compete against rivals like Goldman Sachs Group Inc , and should instead focus on shrinking that business ...

Morgan Stanley <MS.N> is aiming to win market share in bond trading, but it is not big enough to compete against rivals like Goldman Sachs Group Inc <GS.N>, and should instead focus on shrinking ...

Morgan Stanley <MS.N> is aiming to win market share in bond trading, but it is not big enough to compete against rivals like Goldman Sachs Group Inc <GS.N>, and should instead focus on shrinking ...