Revenues

• B. Riley Financial (NASDAQ: RILY) generated Q1 2026 revenues of $352 million, up from $186 million year-over-year, with net income available to common shareholders at $211.3 million. • Adjusted EBITDA reached $262.2 million, including operating adjusted EBITDA of $34.6 million, up nearly 40% sequentially; net debt fell to $372 million. • Strong performance reflects robust financial services activity, aiding liquidity in a volatile market environment.

• Morgan Stanley announced Q1 2026 results on May 5, with net revenues reaching $20.6 billion, a 16% increase from the prior year, and net income applicable to shareholders at $5.4 billion, up 30%. • Diluted EPS rose to $3.43 from $2.60, while ROE hit 21.0% and ROTCE achieved 27.1%, surpassing the firm's 20% ROTCE target. • Institutional Securities revenues surged 19% to $10.7 billion, fueled by strong Markets performance and a 36% rebound in Investment Banking, particularly Advisory; Wealth Management grew 16% to $8.5 billion with $118.4 billion in net new assets.

Chancellor seeks to tackle centralised and ‘geographically unequal’ country in ‘a genuine break with the past’Business live – latest updatesRachel Reeves has announced that the Treasury will draw up plans to give regional leaders a share of national tax revenues as part of a radical plan to rebalance the economy of England.Setting out her intention of creating “investment-led growth”, the chancellor promised “a genuine break with the past” that would shift spending power away from Westminster. Continue reading...