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Chairman and CEO of Morgan Stanley James P. Gorman participates in a panel discussion at the New York Times 2015 DealBook Conference at the Whitney Museum of American Art on November 3, 2015 in New York City.Neilson Barnard/Getty Images
Morgan Stanley beat Wall Street estimates for second quarter earnings, following the trend set by its peers.
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The bank delivered earnings per share of $0.87, up from $0.75 in the second quarter of 2016, and ahead of the $0.76 expected by analysts.
Here's what you need to know:
The bank delivered net revenues of $9.5 billion, up from $8.9 billion a year ago.
