Morgan Stanley Q3 commods risk more than Goldman’s

NEW YORK, Oct 20 (BestGrowthStock) – Morgan Stanley’s commodities trading risks
in the third quarter were higher than those of Goldman Sachs, Wall Street’s
No. 1 investment bank and long a leader in commodities trading.

Morgan Stanley’s (MS.N: ) Value at Risk (VaR) in commodities stood at $32
million a day in the third quarter, versus $29 million in the second
quarter and $25 million in the third quarter of 2009, quarterly results on
Wednesday showed.

Goldman Sachs (GS.N: ) had a commodities VaR of $29 million a day in the
third quarter, compared with $32 million in the second quarter and $27
million in the third quarter of 2009, according to results released
Tuesday.

Morgan Stanley Q3 commods risk more than Goldman’s