(REUTERS) -- Morgan Stanley lost money in the fourth quarter due to a big charge related to a legal settlement, and said revenue declined across all of its trading, banking and brokerage operations.

The Wall Street bank lost $275 million, or 15 cents per share, compared with earnings of $600 million, or 41 cents per share, a year earlier.

The latest results included a loss of $1.7 billion, or 59 cents per share, related to a settlement with MBIA Inc , announced earlier.

(Reporting By Lauren Tara LaCapra; editing by John Wallace)