# Morgan Stanley shares moved higher after the bank reported stronger-than-expected first-quarter results.

*business · news · 2026-04-15 · Bnn Bloomberg*

## Key points

- Morgan Stanley avoided the FICC trading softness that impacted some peers like Goldman Sachs.
- Wealth management saw 6.4% annualized net new asset growth in Q1, signaling strong organic momentum.
- Private credit exposure remains minimal for Morgan Stanley, limiting risk from current industry headwinds.
- Morgan Stanley acquired EquityZen to expand private market trading capabilities within its wealth ecosystem.

**Companies:** Morgan Stanley, Goldman Sachs, Citi, JPMorgan, BMO Capital Markets
**Countries:** United States

[Read the full story on Bnn Bloomberg](https://www.bnnbloomberg.ca/investing/investor-outlook/2026/04/15/investor-outlook-morgan-stanley-gains-on-trading-strength/)

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