Profit was up in the third quarter for US investment bank and financial services firm Morgan Stanley compared to the same period of the previous year. The company’s earnings came in at $3.028 billion for the quarter, or $1.88 per share, compared with $2.262 billion, or $1.38 per share, in last year’s third quarter. The company’s revenue for the quarter rose 15.9% to $15.383 billion from $13.273 billion last year.