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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]
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After getting his master's degree, Hong's first job in finance was at the Macquarie Group where he was employed as an equity research analyst. Later Hong moved to New York where he was employed by Morgan Stanley and then Citigroup. [2] [5] [3] In 2009, Hong moved back to China to work at China International Capital Corporation (CICC) in Beijing.
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On June 1, 2009, Morgan Stanley and Citigroup announced they closed early on the launch of their joint venture that combines Morgan Stanley's wealth management unit (including many former Dean Witter assets) with Citi's Smith Barney brokerage division. The new venture, called Morgan Stanley Smith Barney, was supposed to launch during the third ...
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