Morgan Stanley 6th largest bank in U.S by assets
Morgan Stanley 6th largest bank in U.S by assets.Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. It is headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City. With offices in more than 42 countries and more than 55,000 employees, the firm’s clients include corporations, governments, institutions and individuals.
10 largest banks in the U.S. by assets
Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (grandson of J.P. Morgan), Harold Stanley and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act that required the splitting of 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 main areas of business for the firm today are Institutional Securities, Wealth Management and Investment Management.
Morgan Stanley is a leading global financial services corporation that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for, governments, institutions and individuals. The company operates in three business segments: Institutional Securities, Wealth Management, and Investment Management
Morgan Stanley 6th largest bank in U.S by assets
Morgan Stanley 5th largest bank in U.S by assets
Morgan Stanley |
|
Type | Public |
Traded as | NYSE: MS S&P 100 Component S&P 500 Component |
Industry | Financial services |
Founded | 1935; 82 years ago |
Founder | Henry Sturgis Morgan Harold Stanley |
Headquarters | 1585 Broadway, Morgan Stanley Building, New York City, New York, United States |
Area served | Worldwide |
Key people | James P. Gorman (Chairman & CEO) Thomas Nides (Vice Chairman) Colm Kelleher (President) Jonathan Pruzan (CFO) |
Products | Investment banking, Sales and trading, Commodities, Prime brokerage, Wealth management, Investment management |
Revenue | US$37.95 billion (2016) |
Operating income | US$8.85 billion (2016) |
Net income | US$5.98 billion (2016) |
AUM | US$1.3 trillion (2016) |
Total assets | US$814.95 billion (2016) |
Total equity | US$76.05 billion (2016) |
Number of employees | 55,311 (2016) |
Capital ratio | 16.9% (FY 2016) |
Website | www.morganstanley.com |