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Our History at a Glance. 1935 - 1959. The First 25 Years. Morgan Stanley opened for business on September 16, 1935, as a partnership with a staff of 13. In its first year, the firm handled $1.1 billion in public offerings and private placements—representing a 24% market share.
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.
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. [7]
Morgan Stanley
A complete timeline of Morgan Stanley's History from founding to present including key milestones and major events.
Harold Stanley (October 2, 1885 – May 14, 1963) was an American businessman and one of the founders of Morgan Stanley in 1935. For 20 years, he ran Morgan Stanley until he left the firm in 1955.
17 Φεβ 2020 · Morgan Stanley is an American multinational investment bank and financial services company headquartered in New York City, New York. It was originally founded as Morgan Stanley Group, Inc. by Harold Stanley and Henry S. Morgan (grandson of J.P. Morgan) on September 16, 1935.
