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On January 13, 2009, Morgan Stanley and Citigroup announced the merger of Smith Barney with Morgan Stanley's Global Wealth Management Group, with Morgan Stanley paying $2.7 billion cash upfront to Citigroup for a 51% stake in the joint venture. The joint venture operates as Morgan Stanley Smith Barney. [14]
Ellen Beeson Zentner is a managing director and the Chief US Economist at Morgan Stanley. [1] Zentner previously worked as a Senior Economist for the Texas State government, Bank of Tokyo-Mitsubishi UFJ Ltd., and Nomura Securities International.
David Martin Darst, CFA, is an American financier, educator, author, and triathlete.For 17 years, he was a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, where he served as Vice Chairman of the Morgan Stanley Wealth Management Global Investment Committee.
Morgan Stanley says that close to half of its 80,000 employees are using generative AI tools created with OpenAI, while at rival JPMorgan Chase, about 60% of the firm’s 316,043 employees have ...
Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory ...
Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley. New York: Harper Perennial, 2008. ISBN 978-0-060-88192-4 OCLC 712591278; Mack, John J. "Testimony of John J. Mack Chairman and Chief Executive Officer, Morgan Stanley before the United States House of Representatives Committee on Financial Services." February 11, 2009.
The next year, he moved to Los Angeles to work at Merrill Lynch & Co. as a private wealth adviser. [5] According to Financial Industry Regulatory Authority records, he was terminated in 2010 for "sending correspondence to a client without management approval". Between 2010 and 2016, he was the senior vice president of private banking at Morgan ...
Dean Witter Reynolds was an American stock brokerage and securities firm catering to a variety of clients. Prior to the company's acquisition, it was among the largest firms in the securities industry with over 9,000 account executives (ranking third in the US in 1996) and was among the largest members of the New York Stock Exchange.