Morgan Stanley is an American multinational investment bank headquartered in New York City, founded in 1935 by Henry Sturgis Morgan and Harold Stanley after the Glass-Steagall Act forced J.P. Morgan & Co. to separate its commercial and investment banking businesses. It grew into one of the largest investment banks in the world, providing investment banking, wealth management and institutional securities services, and significantly expanded its wealth management business through its 2009 combination with Citigroup's Smith Barney brokerage and its 2020 acquisitions of E*TRADE and Eaton Vance.
Facts
Company TypeAmerican multinational investment bank and financial services company 1 Founded Year HeadquartersNew York City, United States 1 Connections
Associated With
A leading global investment bank and wealth management firm central to capital-markets and financial-advisory practice.
Operates In
A major financial services company; classified in the atlas financial-services-industry.
In the Other Atlases
Sources
1. Wikipedia, Morgan Stanley Encyclopedia Article
WikipediaLead section, paragraphs 1 and 2Quote, Lead section, paragraphs 1 and 2
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. [...] The original Morgan Stanley 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.
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