Results were impacted by the Archegos, impairment of goodwill from DLJ acquisition and litigation.
Forge, Societe Generale’s digital assets arm issued digital covered bonds and structured products.
The bank will accelerate its growth ambitions in the US.
Net profit was more than four times 2020 and the highest since 2011.
Morgan Stanley CEO wants the Fed to raise rates in March.
A fall in overall risk appetite and exiting prime services contributed to the loss.
Firm is investing up to $150m to anchor the team's first strategy.
Management set key performance indicators to track progress of its strategic plan from 2020.
The bank failed to protect customers’ securities and disclosed conflicts of interest inaccurately.