#MorganStanley#
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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. Dean Witter's Chairman and CEO, Philip J. Purcell, became the Chairman and CEO of the newly merged "Morgan Stanley Dean Witter Discover & Co." The new firm changed its name back to "Morgan Stanley" in 2001. The main areas of business for the firm today are institutional securities, wealth management, and investment management.
UPDATES - Morgan Stanley: U.S. stocks overbought and risks a correction
Comments from Morgan Stanley's chief investment officer on Bloomberg Wednesday Says the risk that a pick up in US treasury yields may spark a correction for US equities is being overlooked: "The market is overbought and the market is probably a little bit overvalued quite frankly because interest ra
Morgan Stanley Closes $13 Billion E*TRADE Acquisition Deal
Morgan Stanley (NYSE: MS) last week closed its $13 billion acquisition of the New York-based discount broker-dealer E*TRADE Financial Corporation.The two companies agreed on the deal in February 2020, and the investment bank later revealed that it was pushing to close it in the fourth
