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China fund invests $5B in Morgan Stanley

NEW YORK, Dec. 19 (UPI) -- Morgan Stanley said Wednesday China's government-controlled investment fund had invested $5 billion to help replenish the No. 2 U.S. brokerage firm's capital.

Morgan Stanley ousts co-president

NEW YORK, Nov. 30 (UPI) -- Morgan Stanley has ousted Zoe Cruz, its co-president and heir apparent and one of the highest-ranking women on Wall Street, in the credit crisis aftermath.

Morgan Stanley settles bias suit

NEW YORK, Oct. 23 (UPI) -- Brokerage firm Morgan Stanley said it agreed to settle a bias suit filed by black and Latino brokers in California for $16 million.

Morgan Stanley buys Crescent Real Estate

FORT WORTH, Texas, May 22 (UPI) -- U.S. real estate investment trust Crescent Real Estate Equities Co. said Tuesday it agreed to be acquired by Morgan Stanley Real Estate for $6.5 billion.

Sidwell retires as Morgan finance chief

NEW YORK, May 1 (UPI) -- David Sidwell will retire as chief financial officer of Morgan Stanley at the end of the year, the U.S. investment bank said Tuesday. Sidwell, 54, will be replaced by Colm Kelleher, head of global capital markets. Christopher Carter, vice chairman of inst

Goldman Sachs buying 4 Nevada casinos

NEW YORK, April 24 (UPI) -- Goldman Sachs, the Wall Street investment giant, has agreed to buy four Nevada casinos from investor Carl Icahn for $1.3 billion.

Morgan Stanley buys 13 hotels from ANA

TOKYO, April 13 (UPI) -- U.S. investment bank Morgan Stanley said Friday it agreed to buy 13 Japanese hotels and two property-management units from All Nippon Airways for $2.4 billion.

Report: Morgan to sell New Century loans

NEW YORK, March 26 (UPI) -- New York investment bank Morgan Stanley will auction off $2.48 billion of New Century Financial Corp. subprime mortgages, a published report said Monday.

Morgan Stanley accused of hiding e-mail

NEW YORK, Dec. 20 (UPI) -- Morgan Stanley has been accused of hiding millions of e-mail messages, claiming the communications had been lost in the 2001 terrorist attack.

Morgan Stanley leaving credit card service

NEW YORK, Dec. 19 (UPI) -- Morgan Stanley has decided to spin off its Discover card after years of mulling over what to do with the profitable but slow-growing service.

Morgan Stanley chief due record bonus

NEW YORK, Dec. 15 (UPI) -- Morgan Stanley boss John Mack is reported in line for the biggest bonus ever awarded to a Wall Street executive. Mack, 62, will be joining Wall Street's exclusive $40 million club with stock and option grants he has coming, the New York Post reports.

Morgan Stanley vs. Arthur Sulzberger Jr.

NEW YORK, Nov. 9 (UPI) -- The New York Times Co. says it is evaluating an effort by Morgan Stanley Investment Management to loosen the Sulzberger family's grip on the daily.

Morgan Stanley buys FrontPoint Partners

NEW YORK, Oct. 31 (UPI) -- New York financial giant Morgan Stanley is buying hedge fund FrontPoint Partners LLC, which manages about $5.5 billion of investors' money.

Morgan Stanley buys Saxon Capital

GLEN ALLEN, Va., Aug. 9 (UPI) -- Morgan Stanley & Co. is paying $706 million for Virginia's Saxon Capital Inc., a residential mortgage lending and servicing real estate investment trust.

Morgan Stanley settles charges for $15M

WASHINGTON, May 11 (UPI) -- New York's Morgan Stanley & Co. will pay $15 million to settle charges that it was uncooperative with federal investigators.
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Morgan Stanley
Wiki

Morgan Stanley (NYSE: MS) is a global financial services provider headquartered in New York City, New York, United States. It serves a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 33 countries around the world with 600 offices, with an approximate employee workforce of 45,000. The company reports US$779 billion as assets under its management.

The corporation, formed by J.P. Morgan & Co. employees Henry S. Morgan (grandson of J.P. Morgan), Harold Stanley and others, came into existence on September 16, 1935. In its first year the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The main areas of business for the firm today are Global Wealth Management, Institutional Securities and Investment Management.

The company found itself in the midst of a management crisis in the late 1990s that saw it lose a lot of talent and competence and ultimately saw the firing of its then CEO Philip Purcell in 2005.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Morgan Stanley."
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