A group of Morgan Stanley-led banks is set to increase a sale of loans tied to Musk's X platform after receiving stronger-than-expected demand.

Jan 16 (Reuters) - Morgan Stanley's (MS.N), opens new tab profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record.

Morgan Stanley said its profit more than doubled in the fourth quarter, fueled by its investment banking and trading businesses. Profit surged 145% to $3.71 billion. That amounted to $2.22 per ...