Morgan Stanley

Morgan Stanley
	Headquarters at 1585 Broadway
Company type	Public
Traded as	NYSE: MS; S&P 100 component; S&P 500 component;
Industry	Financial services
Founded	1935 (the original Morgan Stanley); 1924 (Dean Witter & Co.); 1931 (Reynolds Securities);
Founder	Henry Sturgis Morgan; Harold Stanley; Dean G. Witter; Richard S. Reynolds, Jr.;
Headquarters	Morgan Stanley Building; New York City, New York, U.S.
Area served	International service
Key people	James P. Gorman; (Executive Chairman); Ted Pick; (CEO); Andy Saperstein; (Co-President); Dan Simkowitz; (Co-President); Sharon Yeshaya; (CFO);
Products	Investment banking; Sales and trading; Commodities; Prime brokerage; Wealth management; Investment management; Mutual funds; Exchange-traded funds; Index funds;
Revenue	US$53.7 billion (2022)
Operating income	US$14.1 billion (2022)
Net income	US$11.1 billion (2022)
AUM	US$1.362 trillion (March 31, 2023)
Total assets	US$1.18 trillion (2022)
Total equity	US$101 billion (2022)
Owner	MUFG (21.6%)
Number of employees	80,257 (2022)
Subsidiaries	Morgan Stanley Wealth Management; E-Trade; Eaton Vance; Solium; StraitNZ; FrontPoint Partners; Jeonju Paper; (58%);
Capital ratio	15.3% (2022)
Website	www.morganstanley.com
	Footnotes / references;

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 41 countries and more than 75,000 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 #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.

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