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Morgan Stanley Wealth Management is an American multinational financial services corporation specializing in retail brokerage. It is the wealth & asset management division of Morgan Stanley . On January 13, 2009, Morgan Stanley and Citigroup announced that Citigroup would sell 51% of Smith Barney to Morgan Stanley, creating Morgan Stanley Smith ...
Eventually, to foster brand recognition and marketing, the Dean Witter name was dropped from the retail services division in 2001, leaving the current name Morgan Stanley. In 2009, the Dean Witter retail operations were transferred to Morgan Stanley Smith Barney, a joint venture with Citigroup. Acquisition history
Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York City. It was one of the five largest investment banking enterprises in the United States [2] and a very profitable firm on Wall Street during the 1980s and 1990s. Its CEO and chairman at that time, John Gutfreund, was nicknamed "the ...
Say goodbye to Morgan Stanley Smith Barney. Say hello to Morgan Stanley Wealth Management. Morgan Stanley (NYS: MS) has just announced a deal with Citigroup (NYS: C) to buy out part of the banks ...
The final regulatory approvals needed for Morgan Stanley to complete its acquisition of Morgan Stanley Smith Barney Holdings (MSSBH) from Citigroup -- it currently holds a 65% ownership position ...
Morgan Stanley (NYSE: MS) has agreed to buy an additional 14% stake in Morgan Stanley Smith Barney (MSSB) from Citigroup Inc. (NYSE: C) for $1.89 billion. The amount puts the full value of MSSB at ...
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Morgan Stanley 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 75,000 employees, the firm's clients include corporations, governments, institutions, and individuals.