James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, May 30, 2019.
Giulia Marchi | Bloomberg | Getty Images
Morgan Stanley is set to report second-quarter earnings before the opening bell on Thursday.
Here’s what Wall Street expects:
Earnings: $1.65 a share, 16% lower than a year earlier, according to Refinitiv.
Revenue: $13.98 billion, 4.2% higher than a year earlier.
Wealth management: $5.9 billion, according to FactSet.
Trading: Equities $2.4 billion, Fixed Income $2 billion.
Investment Banking: $2.1 billion
Morgan Stanley may be ideally suited for the moment.
While rival banks reported a steep slowdown in fixed…