Outside the New York Stock Exchange.
Photographer: Michael Nagle/BloombergThe Big Take
Wall Street’s Big Banks Score $1 Trillion of Profit in a Decade
It isn’t just the scale of profit that’s startling, but the industry’s ability to push through scandals and thrive anew.
Malick Diop felt something shifting on Wall Street.
He’d joined Morgan Stanley in the grim days of 2009, when big banks were trying to pay back taxpayer bailouts and deflect public fury. But four years later, the ire was fading and ambition was the order of the day.