Morgan Stanley
 |
|
| Public | |
| Traded as | |
| Industry | Financial services |
| Founded | 1935 |
| Founder |
Henry Sturgis Morgan Harold Stanley |
| Headquarters | Morgan Stanley Building, New York City, New York, United States |
|
Area served
|
Worldwide |
|
Key people
|
James P. Gorman (Chairman & CEO) Colm Kelleher (President) Jonathan Pruzan (CFO) Thomas Nides (Vice Chairman) |
| Products | Investment banking, Asset management, Commercial banking, Prime brokerage, Investment management, Retail brokerage, Commodities |
| Revenue |
 US$35.15 billion (2015) |
|
US$8.49 billion (2015) |
|
|
US$6.12 billion (2015) |
|
| Total assets |
 US$787.46 billion (2015) |
| Total equity |
US$75.18 billion (2015) |
|
Number of employees
|
55,802 (2014) |
| Capital ratio | 15.5% (FY2015) |
| Website | www |
|
Footnotes / references |
|
Morgan Stanley (: MS) is an American multinational financial services corporation headquartered in the Morgan Stanley Building, Midtown Manhattan, New York City. Morgan Stanley operates in 24 countries and has more than 1300 offices and 60,000 employees. According to the Scorpio Partnership Global Private Banking Benchmark, the company had $1.454 trillion of assets under management (AUM) in 2014, an increase of 17.5% over its 2013 figure.
The corporation, formed by J.P. Morgan & Co. partners Henry S. Morgan (grandson of J.P. Morgan), Harold Stanley and others, came into existence on September 16, 1935, in response to the Glass-Steagall Act that required the splitting of 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 main areas of business for the firm today are Global Wealth Management, Institutional Securities, and Investment Management.
Morgan Stanley is an American multinational financial services corporation that, through its subsidiaries and affiliates, provides securities products and services to customers, including corporations, governments, financial institutions, and individuals. The company operates in three business segments: Institutional Securities, Global Wealth Management Group, and Asset Management.
Morgan Stanley traces its roots in the history of J.P. Morgan & Co. Following the Glass–Steagall Act, it was no longer possible for a corporation to have banking and commercial banking businesses under a single holding entity. J.P. Morgan & Co. chose the commercial banking business over the investment banking business. As a result, some of the employees of J.P. Morgan & Co., most notably Henry S. Morgan and Harold Stanley, left J.P. Morgan & Co. and joined some others from the Drexel partners to form Morgan Stanley. The firm formally opened the doors for business on September 16, 1935, at Floor 19, 2 Wall Street, New York City. Within its first year, it achieved 24% market share (US$1.1 billion) among public offerings. The firm was involved with the distribution of 1938 US$100 million of debentures for the United States Steel Corporation as the lead underwriter. The firm also obtained the distinction of being the lead syndicate in the 1939 U.S. rail financing. The firm went through a major reorganization in 1941 to allow for more activity in its securities business.
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Wikipedia