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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.
Bank holding companies are corporations that own controlling interests in one or more banks and manage their operations. Advantages of a bank holding company can include reduced overall risk and ...
In the United States, a bank holding company, as provided by the Bank Holding Company Act of 1956 ( 12 U.S.C. § 1841 et seq. ), is broadly defined as "any company that has control over a bank". [2] All bank holding companies in the US are required to register with the Board of Governors of the Federal Reserve System .
J.P. Morgan & Co. is an American financial institution specialized in investment banking, asset management and private banking founded by financier J. P. Morgan in 1871. Through a series of mergers and acquisitions, the company is now a subsidiary of JPMorgan Chase, one of the largest banking institutions in the world.
James Gorman joined Morgan Stanley in February 2006 and became co-president the following year. He then steered the bank in the aftermath of the 2008 financial crisis and by January 2010, he took ...
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 ...
When Peabody retired in 1864, Morgan became the senior partner and the firm was renamed "J.S. Morgan & Company". Junius' son, John Pierpont Morgan entered the business and ultimately became a partner at what was to become Drexel, Morgan & Co., the most important investment bank in American history. By 1900, J.P. Morgan was the most important ...
Morgan Stanley's long-time CEO James Gorman will retire in the next 12 months, he said Friday at the bank's annual shareholder meeting. Gorman said the bank is looking at three senior internal ...