Definition
International financial firm, which specializes in providing investment and other services to individuals and businesses. The company is recognized as one of the world's top investment banks. The company also employs thousands of financial professionals and serves as their broker dealer. Morgan Stanley was created in 1935 by Henry S. Morgan and Harold Stanley. The company's primary focus is on institutional securities, investment management, and global wealth management. In 2008, the company was converted from an investment bank to a bank holding company in the midst of global credit crisis.
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