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12	12	Morgan Stanley currently employs more than 75,000 employees around the globe in offices in 41 countries as of December 31, 2021. The company has its presence in the Americas, Asia-Pacific, Europe, Middle East & Africa, and Japan. The company has three reportable business segments - Institutional Securities, Wealth Management, and Investment Management.
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	14	+Recently, Morgan Stanley has completed acquiring E*Trade in October 2020 for $13.00 billion. On March 1, 2021, the company has completed acquisition of Eaton Vance Corp.{{footnote}}https://tracxn.com/d/acquisitions/acquisitionsbyMorgan-Stanley#{{/footnote}}
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14	14	James Patrick Gorman is the Chairman & CEO of Morgan Stanley. The company has released its 2022 financial results reporting $53.7 billion in revenue, earnings per share (EPS) $6.15 and return on total capital employed 15.3%.
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21	21	= Financial Highlights =
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23	23	== Q4'22 Highlights ==
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47	47	= Business Overview =
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	46	+Morgan Stanley is an investment management and financial services firm with its presence all over the world. The company was established in 1935 as an effort to separate investment banking business from normal commercial banking business after the Glass-Steagall Act was enacted in 1933 followed by the great depression. The formation of the company was executed by the partners of then J.P. Morgan & Co. With the reputation and business dynamics of J.P. Morgan, Morgan Stanley was able to grab a 24% market share in the first year of its operation.
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	48	+The company has three reportable segments - Institutional Securities, Wealth Management, and Investment Management. Substantially all of the operating revenues and operating expenses of the company are directly attributable to those business segments.
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