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The current Morgan Stanley is the result of the merger of the original Morgan Stanley with Dean Witter Discover & Co. in 1997. [7] Dean Witter's chairman and CEO, Philip J. Purcell, became the chairman and CEO of the newly merged "Morgan Stanley Dean Witter Discover & Co." [8] [9] The new firm changed its name back to "Morgan Stanley" in 2001. [10] [11] [12] The main areas of business for the ...
Number of employees. 44,916 (2017) Website. www .firstrand .co .za. FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator. [2]
On January 13, 2009, Morgan Stanley and Citigroup announced the merger of Smith Barney with Morgan Stanley's Global Wealth Management Group, with Morgan Stanley paying $2.7 billion cash upfront to Citigroup for a 51% stake in the joint venture. The joint venture operates as Morgan Stanley Smith Barney.
Dean Witter Reynolds was an American stock brokerage and securities firm catering to a variety of clients. Prior to the company's acquisition, it was among the largest firms in the securities industry with over 9,000 account executives (ranking third in the US in 1996) and was among the largest members of the New York Stock Exchange. The company served over 3.2 million clients primarily in the ...
Robert "Bob" Scott born in 1946 is an American businessman currently living in Naples, Florida. He formerly served as the President and chief operating officer of Morgan Stanley. He was part of the famous Wall Street "Gang of Eight" involved in the ousting of former Morgan Stanley CEO Philip J. Purcell. He continues to work in business and is a member of many corporate boards as well as a ...
2. Relatives. Katharine Williams (sister) James Patrick Gorman [1] AO (born July 14, 1958) [2] is an Australian-American businessman and financier. He has been executive chairman of Morgan Stanley since 2012, and was CEO of the firm from 2010 through 2023. Before becoming CEO, he was the co-president and co-head of strategic planning at the firm.
Morgan Stanley ( No. 61 on the Fortune 500) reported net revenue up 4% from a year ago, to $15.1 billion, for the quarter ended March 31.
In 1968, Capital International published indices covering the global stock market for non-U.S. markets. In 1986, Morgan Stanley licensed the rights to the indices from Capital International and branded the indices as the Morgan Stanley Capital International (MSCI) indices. [4] By the 1980s, the MSCI indices were the primary benchmark indices outside of the U.S. before being joined by FTSE ...