Market View: Big Banks, Big Bets - Morgan Stanley Breaks Records, DBS Targets S$1 Trillion and M&A Returns

Wall Street's earnings season is gathering pace, and the biggest banks are proving that market volatility can be highly profitable. Morgan Stanley posts record revenue and earnings as equities trading surges, while wealth management reaches a milestone US$10 trillion in client assets. Back home, DBS unveils an ambitious plan to double assets under management to S$1 trillion by 2030, betting that artificial intelligence and Asia's growing affluent population will fuel its next phase of growth. Is the bank's remarkable share price rally justified - and what should investors watch next? Michelle Martin also rounds up the latest moves on Wall Street, where resilient corporate earnings continue to outweigh concerns over higher oil prices and geopolitical tensions.See omnystudio.com/listener for privacy information.