Morgan Stanley was founded in New York, United States, international financial services company providing, including securities, asset management, corporate restructuring and consolidation credit card and other financial services, is currently in 27 countries worldwide with offices in 600 cities, a total of more than 50,000 employees.
Morgan Stanley was originally the investment arm of JP Morgan in 1933, the U.S. experienced the Great Depression, Congress passed the "Glass - Steagall Act" (Glass-Steagall Act), prohibits the company also provides commercial banking and investment banking services Morgan Stanley investment bank so as a September 5, 1935 in New York was established, and JP Morgan would be transformed into a purely commercial bank. 1941 Morgan Stanley co-operation with the New York Stock Exchange, the Stock Exchange to become a partner. Rapid expansion in the 1970s, the rapid growth of employees from more than 250 to more than 1,700 people, and began to develop its business on a global scale. In 1986 Morgan Stanley in New York Stock Exchange. Into the 1990s, Morgan Stanley further expansion, in 1995 acquired an asset management company, in 1997 and merged with Sears under the investment bank Dean Witt's (Dean Witter), and changed its name to Morgan Witt company. In 2001 the company changed the name back to the original Morgan Stanley.
Morgan Stanley - Business
Morgan Stanley is mainly engaged in investment banking including corporate finance and assist clients through the issuance of stock and / or bonds to raise funds, mergers and acquisitions advisory and real estate financial services; sales and trading of stocks and bonds; securities research; direct investment department; private wealth management; and asset management.
Morgan Stanley - Organization
Morgan Stanley & Company has nine departments, including: Equity Research, Investment Banking, Private Wealth Management, Foreign Exchange / Bond Division, Commodity Trading, Fixed Income Research, Investment Management, Investment and agencies directly equities.