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Morgan Stanley and Dean Witter merged in 1997, creating America's largest asset management company and securities firm in terms of equity capital. The resulting name, Morgan Stanley, Dean Witter, Discover & Company, was shortened to Morgan Stanley in March 2001.
The Founding of Morgan Stanley. At 4 p.m. on the afternoon of September 5, 1935, a small crowd of reporters filed past a row of rolltop desks in the long, narrow partners’ room at J.P. Morgan’s headquarters on 23 Wall Street to await one of the firm’s rare announcements.
The creation of Morgan Stanley brought together two leaders with different styles and strengths: Henry Morgan and Harold Stanley.
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]
Company History: Morgan Stanley Dean Witter & Company, formed in 1997 through the merger of Morgan Stanley Group, Inc. and Dean Witter, Discover & Co., is an investment banking and retail brokerage firm.
During 1950s and 1960s, Morgan Stanley continues to be a leader in helping blue-chip clients tap public markets to finance growth and innovation. A new generation leads the charge into new businesses and markets to become a truly global investment bank.
Explore the complete timeline of Morgan Stanley, showcasing key events, facts, and milestones that shaped its journey. Dive into history and uncover everything in one simple, engaging view.
