Morgan Stanley’s traders lost money on five of 64 trading days last quarter, a performance that showed that the slow revival in markets had not helped the bank close the gap with its arch-rival, Goldman Sachs, which had one losing day. Details of the trading results, disclosed on Monday in a US regulatory filing, come four months after Morgan Stanley executives conceded that their traders’ reluctance to put more of the bank’s own capital at risk had affected Q2 results.

This entry was posted by Gwen Robinson on Tuesday, November 10th, 2009 at 4:32 and is filed under Capital markets. Tagged with goldman sachs, morgan stanley. Edit this entry.