Investment Banking

Why Goldman Sachs is gaining ground on Morgan Stanley

Latest results tell the tale of two very different banks

Why Goldman Sachs is gaining ground on Morgan Stanley
Photo: Shelby Tauber/Getty Images

Goldman Sachs has taken a back seat to rival Morgan Stanley in recent years, but third-quarter results suggest that Goldman is poised to emerge from its competitor’s shadow.

It’s looking like the tale of a comeback kid versus a steady, reliable producer.

WSJ Logo