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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 ...
On January 13, 2009, the Global Wealth Management Group was merged with Citi's Smith Barney to form Morgan Stanley Smith Barney. Morgan Stanley owned 51% of the entity, and Citi held 49%. [78] On May 31, 2012, Morgan Stanley exercised its option to purchase an additional 14% of the joint venture from Citi. [79]
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 ...
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 ...
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 ...
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 ...
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.
NEW YORK (Reuters) - Morgan Stanley CEO James Gorman told shareholders Friday that the company will likely appoint its next CEO in the next 12 months. Gorman, 64, said the bank's board has ...
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