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On January 13, 2009, Morgan Stanley and Citigroup announced the merger of Smith Barney with Morgan Stanley's Global Wealth Management Group, with Morgan Stanley paying $2.7 billion cash upfront to Citigroup for a 51% stake in the joint venture. The joint venture operates as Morgan Stanley Smith Barney. [14]
Morgan Stanley [4] 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 90,000 employees, the firm's clients include corporations, governments, institutions, and individuals. [2]
Architecture magazine wrote, "so now in the Morgan Banking House, they have established a new and high standard of artistic and practical excellence for private banks". [50] The Real Estate Record and Guide compared 23 Wall Street to the Parthenon in Athens, [ 27 ] and The Wall Street Journal stated that the design "gives an impressive of ...
1585 Broadway, also called the Morgan Stanley Building, is a 42-story office building on Times Square in the Theater District neighborhood of Manhattan in New York City.The building was designed by Gwathmey Siegel & Associates Architects and Emery Roth & Sons and was developed by David and Jean Solomon. 1585 Broadway occupies a site on the west side of Broadway between 47th and 48th Streets.
Morgan Stanley bought 750 Seventh Avenue in 1994 for $90 million. [52] [83] [a] Morgan Stanley installed signs on the facade to comply with the city regulations. [13] The company had received a $100 million tax exemption after it purchased 1585 Broadway and 750 Seventh Avenue. [85] Morgan Stanley moved its entire technology division, with a ...
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Morgan Stanley Wealth Management: 1,046.0 3 Bank of America Global Wealth and Investment Management: 1,021.2 4 Credit Suisse Private Banking & Wealth Management: 770.0 5 J.P. Morgan Private Banking: 552.0 6 Citi Private Bank: 460.0 7 BNP Paribas Wealth Management: 413.5 8 Goldman Sachs Private Wealth Management: 391.8 9 Julius Baer Group: 379.1 ...
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