Date:2024-10-07Views:0
Morgan Stanley, also known as "Morgan Stanley", is an international financial services company founded in 1935, headquartered at 2 Wall Street, New York, USA. Morgan Stanley was initially established as the investment department of JP Morgan. After the Great Depression in 1933, due to the implementation of the Glass Steagall Act, Morgan Stanley officially became an independent investment bank on September 16, 1935. The founding partner of the company is Harold Stanley, the current executive chairman is James Gorman, and the CEO is Edward N. Pick.
Morgan Stanley provides capital advisory, fundraising, trading, management, and allocation services to government, institutional, and individual clients worldwide. Its business scope is extensive, including securities trading, commodity trading, investment banking, corporate consulting services, real estate finance, etc. The company has multiple offices and representative offices worldwide, with approximately 80000 employees. Its annual revenue in 2023 is $96.194 billion, and its annual net income is $54.1 billion.
Morgan Stanley ranks 30th on the Forbes Global 2000 list in 2023 and 200th on the Fortune Global 500 list. The company also has significant business development in China, becoming a cornerstone investor of China International Capital Corporation (CICC) in 1995 and approving the establishment of Morgan Stanley Futures (China) Limited in May 2023.