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Morgan Stanley [4] is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City.With offices in 41 countries and more than 90,000 employees, the firm's clients include corporations, governments, institutions, and individuals. [2]
In March 2021, Morgan Stanley completed its acquisition of Eaton Vance, a deal announced in October 2020. With the addition of Eaton Vance, Morgan Stanley now had $5.4 trillion of client assets across its Wealth Management and Investment Management segments.
The joint venture operates as Morgan Stanley Smith Barney. [14] Morgan Stanley itself was in a financially cash-strapped position like Citigroup during that time, but they were helped by the $9 billion that Mitsubishi UFJ Financial Group had paid in 2008 for a 21% stake in Morgan Stanley. [15] [16] [17]
In 1997, this company merged with investment banking house Morgan Stanley to become Morgan Stanley Dean Witter, Discover & Co. Discover and Novus retired acceptance mark (still seen in many places) On February 1, 1999, the company rebranded itself as Discover Financial Services, Inc. [ 6 ] The NOVUS logo was retired, replaced by the Discover ...
Though Morgan Stanley last month raised its price target for Walmart to $89, the stock has blown past expectations, reaching $93 today, and increasing 75% this year. Over the same period the S&P ...
(Reuters) -Walt Disney named Morgan Stanley veteran James Gorman as chair on Monday and said it would announce a replacement for CEO Bob Iger in early 2026, announcing for the first time a ...
James Patrick Gorman [1] AO (born July 14, 1958) [2] is an Australian-American businessman and financier. He has been executive chairman of Morgan Stanley since 2012, and was CEO of the firm from 2010 through 2023.
While housing affordability has eased some, it remains a big sticking point for homebuyers, according to Morgan Stanley analysts. Data gathered by the firm shows that the median monthly payment ...