Morgan Stanley was among advisers on the year’s biggest tech deal, guiding Red Hat Inc. on its sale to International Business Machines Corp. for $33 billion in cash. Morgan Stanley generated $1.4...

Morgan Stanley was among advisers on the year’s biggest tech deal, guiding Red Hat Inc. on its sale to International Business Machines Corp. for $33 billion in cash. Morgan Stanley generated $1.4 billion in equity underwriting revenue in the first nine months of 2018, compared with $1.3 billion at Goldman.