About the Company
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2023 Fortune 500 list of the largest United States corporations by total revenue and in the same year ranked No. 30 in Forbes Global 2000. The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan), Harold Stanley, and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act, which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The current Morgan Stanley is the result of the merger of the original Morgan Stanley with Dean Witter Discover & Co. in 1997. Dean Witter's chairman and CEO, Philip J. Purcell, became the chairman and CEO of the newly merged "Morgan Stanley Dean Witter Discover & Co." The new firm changed its name back to "Morgan Stanley" in 2001. The main areas of business for the firm today are institutional securities, wealth management and investment management. The bank is considered systemically important by the Financial Stability Board. The company operates in three business segments: Institutional Securities, Wealth Management, and Investment Management.
Exchange
NYSE
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Latest News on MORGAN STANLEY
Morgan Stanley sees the AI productivity boom adding $16 trillion to the stock market's value
The AI boom could be a $16 trillion gift to the stock market, but AI-driven value creation could mean tough times ahead for ...
Morgan Stanley Preferred Stock To Benefit From Fed Funds Rate Reduction
Morgan Stanley 4.250% Depositary Shares Non-Cumulative Preferred Stock, Series O offers a compelling risk-reward profile in ...
Why Morgan Stanley Thinks Apple (AAPL) Shares Could Be Turning the Corner
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Morgan Stanley turns more defensive on oil E&Ps, downgrades OXY, OVV, NOG
Investing.com -- Morgan Stanley has shifted to a more defensive stance on oil exploration and production companies following second-quarter results, downgrading Occidental Petroleum (NYSE: OXY ), ...
Market broadening could happen in second half of the year, says Morgan Stanley's Aaron Dunn
Aaron Dunn, Morgan Stanley Investment Management co-head of value equity, joins 'Power Lunch' to discuss what Dunn's paying ...
Morgan Stanley exec: 3 ways staying with your company can compound your workplace benefits
We've all heard the key rule for saving and investing which is “the earlier, the better." A similar principle applies to ...
Morgan Stanley Raises Marvell (MRVL) PT, Keeps Equalweight Rating
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 11 Best Under-the-Radar Stocks to Buy Right Now. On July 30, Morgan ...
Morgan Stanley Maintained Hold Rating on Accenture (ACN) Stock
Accenture plc (NYSE:ACN) is one of the. On July 28, Morgan Stanley analyst James Faucette maintained a “Hold” rating on the ...
Morgan Stanley says Apple stock could be ‘turning the corner’ on strong iPhone demand
In a recently published investor note, Morgan Stanley says it believes momentum will keep shifting for the better.
Morgan Stanley says GST rationalisation may boost GDP by 0.5-0.6%: Key reasons why
India’s proposed two-tier GST overhaul, coupled with fiscal and monetary support measures, could add 50–70 bps to GDP growth ...
Morgan Stanley Sees Brazil Bond Sales Setting $30 Billion Record
Morgan Stanley said Brazilian issuers will probably sell a record $30 billion in global bonds this year, as international ...
Morgan Stanley’s Adam Jonas to Step Away From Autos Coverage
Morgan Stanley’s Adam Jonas, a longtime Tesla Inc. bull and automotive industry analyst, is moving into a new broader role at ...
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