 Morgan Stanley CEO Ted Pick speaking there. The bank's trading unit achieved the biggest increase among its peers in the second quarter. Investment banking fees also increased by 51% from a year earlier. But the bank's wealth unit, its biggest growth driver in recent years, missed forecasts. Similarly, Bank of America shares climbed to a two-year high after its own trading and investment banking results beat analysts' expectations, as well as outperforming in equities trading and underwriting fees last year.