Morgan Stanley is a multinational banking and financial services company based in Manhattan, New York.
Through its subsidiaries and affiliates Morgan Stanley provides products and services to a large and diversified group of clients and customers (corporations, governments, financial institutions and individuals).
The company was created in 1935 by J.P. Morgan & Co. partners (namely Henry S. Morgan and Harold Stanley) because of the Glass-Steagall Act – which separated commercial and investment banking businesses.
Morgan Stanley is now one of the most prominent investment banks in the world, with operations in more than 42 countries, and a team of over 60,000 employees. It is the owner of the world’s largest brokerage.
The company’s main business segments are Institutional Securities, Wealth Management and Investment Management.
Its investment banking and corporate lending activities include: capital raising, advisory services on key strategic matters, such as mergers and acquisitions, and providing loans or lending commitments, such as bridge financing.
Its sales and trading activities include trading, financing and market-making activities on: securities, swaps and futures, on exchanges and in over-the-counter (“OTC”) markets around the world.
Morgan Stanley – Company Overview
Chairman and CEO: James P. Gorman- Industry: Banking, financial services
- Type: Public
- Listed on the New York Stock Exchange
- NYSE stock symbol: MS
- S&P 500 Component
- Revenue: $32.417 billion USD (2013)
- Earnings (loss) per share: $1.36 USD (2013)
- Total assets: $832.702 billion USD (2013)
- Founded: 1935
- Founders: Henry S. Morgan and Harold Stanley
- Headquarters: Morgan Stanley Building, New York City, New York, USA
- Employees: 60,000 (2013)
- Website: http://www.morganstanley.com/
- Investor relations contact number: 1-212-762-8131
Morgan Stanley – Financial Results
| Income statement data (in $ millions) | 2013 | 2012 |
| Non-interest revenues | $31,639 | $26,307 |
| Interest income | $5,209 | $5,692 |
| Interest expense | $4,431 | $5,897 |
| Net interest | $778 | $(205) |
| Net revenues, including net interest income | $32,417 | $26,102 |
| Income from continuing operations | $3,656 | $757 |
| Net income applicable to Morgan Stanley | $2,932 | $68 |
| Balance sheet data (in $ millions) | ||
| Total assets | $832,702 | $780,960 |
| Total deposits | $112,379 | $83,266 |
| Long-term borrowings | $153,575 | $169,571 |
| Morgan Stanley shareholders’ equity | $65,921 | $ 62,109 |
| Common share data (in $) | ||
| Earnings per Common Share – Basic | $1.39 | $1.25 |
| Earnings per Common Share – Diluted | $1.36 | $1.23 |
Source: “Morgan Stanley – Form 10-K for the year ended December 31, 2013”
Morgan Stanley – Live Stock Market Data
News about Morgan Stanley from Market Business News:
July 17, 2014: Second quarter earnings surged, driven mainly by strong results from the company’s wealth management operations. Its stock trading and investment banking segments also did well. Morgan Stanley reported its best quarterly M&A activity since 2007.
April 20, 2013: In Q1 2014, Morgan Stanley reported a 56% increase in profits. Experts were surprised that its fixed-income and commodities trading business did well.