james gorman chief executive officer of morgan stanley speaks during a bloomberg television interview on day three of the world economic forum wef in davos switzerland on thursday jan 24 2019 morgan stanley is set to report thirdquarter earnings before the opening bell on thursday   heres what wall street expects earnings 168 a share 15 higher than a year earlier according to refinitiv morgan stanley is well positioned for the moment while rival banks have reported a slowdown in thirdquarter fixed income trading revenue morgan stanleys strength has traditionally been in its equities franchise the biggest in the world another area that has flourished is investment banking propelled by robust mergers and ipo activity and morgan stanley is a top player there as well rival advisor jpmorgan chase posted record investment banking fees in the third quarter finally ceo james gorman has fashioned his bank into a top money management player through a series of savvy acquisitions and those businesses should benefit from high stock values in the quarter shares of the bank have climbed 44 this year exceeding the 36 rise of the kbw bank index this story is developing please check back for updates