MORGAN STANLEY
Morgan Stanley is a global financial services firm that provides a wide range of products and services to corporations, governments, financial institutions, and individuals. The company was originally incorporated in Delaware in 1981 and operates as a bank holding company (BHC) and financial holding company (FHC) under the Bank Holding Company Act of 1956. Morgan Stanley conducts its business from its headquarters in New York City and regional offices and branches throughout the US and principal offices in London, Frankfurt, Tokyo, Hong Kong, and other world financial centers. The company's business segments include Institutional Securities, Wealth Management, and Investment Management. Morgan Stanley competes in the financial services industry, facing intense competition from commercial banks, investment banking firms, broker-dealers, financial technology firms, and other companies offering financial and ancillary services. The company is subject to extensive regulation by US and foreign regulatory agencies and securities exchanges. Morgan Stanley's website is www.morganstanley.com, and its ticker symbol is MS.