www.bloomberg.com
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Goldman Sachs Group Inc. set a new Wall Street record by generating $4.31 billion in equities-trading revenue during the final three months of last year. The firm’s debt bankers also contributed to a strong quarter, with Morgan Stanley reporting a significant 93% increase in revenue for the same period. These fourth-quarter results helped Morgan Stanley cap off a record-breaking year for its debt business. Sridhar Natarajan provided an analysis of these financial results on Bloomberg Television, highlighting a period of exceptional performance for major investment banks. (Source: Bloomberg)
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