In addition, it gained fees from managing money.
Morgan's profit gained on fees from investment banking, underwriting stock and managing clients' money.
He oversaw a 30 percent gain after fees, thanks in part to bets on Citigroup, Apple and US Airways.
BlackRock had the smallest gain in fees from its fixed-income portfolios, which rose just 10.4percentto to $246.3 million.
I said yes, and on a whim asked how much money they stood to gain in fees.
From the peak of the dot-com era in March 2000, stocks have risen about 10 percent, a paltry gain once fees, taxes and risks are factored in.
In the sprawling form of lawsuit known as multidistrict litigation, members of steering committees tend to gain large fees, and this fact alone often creates tensions between those on the inside and those on the outside.
As a larger portion of the market decides to cut the cord and, for example, buy a season pass for a TV show rather than pay for cable or buy the season on DVD, we'll gain affiliate fees for those types of deals and it will increasingly become a revenue stream for us.
But as the Senate transportation bill moves forward -- the Senate approved cloture on a motion to proceed in discussing it Thursday -- it could face increased opposition from Wall Street and law firms that stand to gain on fees from such deals.
Goldman Sachs Group Inc., the world's second-biggest securities firm by market value, may report a record profit tomorrow, led by investment gains and fees from advising in mergers.
