Capital market

Morgan Stanley Reports Record $18.2B Revenue in Blockbuster Quarter, Shares Surge 4.7%

Morgan Stanley delivered its largest earnings surprise in nearly five years with record quarterly revenue reaching $18.2 billion. The banking giant’s shares climbed 4.7% as robust performance across equities trading, investment banking, and wealth management divisions fueled exceptional results.

Record-Breaking Quarterly Performance

Morgan Stanley reportedly posted a blockbuster third-quarter earnings report that far surpassed analyst expectations, marking its biggest earnings beat in nearly five years, according to financial reports. The New York-based banking giant achieved record net revenues of $18.2 billion for the quarter ending September 30, 2025, representing an 18% increase from the previous year. Sources indicate net income surged nearly 44% year-over-year to $4.6 billion, or $2.80 per diluted share, significantly above consensus forecasts of $2.10 per share.

by Sarah CollinsOctober 16, 2025

Business Personal Finance

PSG Financial Services Awards R1 Million for Capital Markets Solutions to Boost Economic Growth and Employment

PSG Financial Services has awarded R1 million to South African thought leaders for innovative capital market solutions addressing economic growth and unemployment. The #ThinkBigSA competition attracted over 200 entries from diverse participants across South Africa, with winning proposals focusing on SME financing, infrastructure development, and inclusive investment mechanisms.

In a significant boost for economic innovation, PSG Financial Services has distributed R1 million in awards to South African thinkers proposing transformative capital market solutions to drive economic growth and combat unemployment. The second annual #ThinkBigSA competition, conducted in partnership with Economic Research South Africa (ERSA), attracted unprecedented participation from across the nation’s demographic spectrum, demonstrating widespread engagement with critical economic challenges.