- Business
- Morgan Stanley (NYSE: MS-PF), a leading global financial services firm founded in 1935 and headquartered at 1585 Broadway in Midtown Manhattan, New York, operates through three primary business segments: Institutional Securities, Wealth Management, and Investment Management; it serves corporations, governments, financial institutions, high-net-worth individuals, small- to medium-sized businesses, institutions, pensions, endowments, sovereign wealth funds, and retail clients via intermediaries across 42 countries including major hubs in London, Hong Kong, Tokyo, Toronto, Abu Dhabi, and Dubai. In Institutional Securities, the firm provides investment banking services encompassing capital raising through underwriting of debt, equity, and other securities; financial advisory on mergers and acquisitions, restructurings, real estate, project finance, and corporate lending; sales and trading in equity securities, fixed income products including foreign exchange and commodities, market-making, and prime brokerage; as well as research and investments. Wealth Management offers brokerage and investment advisory services, financial and wealth planning, market-making in fixed income securities, annuity and insurance products, credit and lending products, banking, and retirement plan services primarily to individuals and smaller entities. Investment Management delivers traditional asset management products in equity, fixed income, liquidity, alternatives, managed futures; merchant banking; and real estate investing to institutional and retail clients.
Recent developments include Morgan Stanley Private Credit leading an upsized $110 million senior debt financing for Fetch, America's Rewards App, in September 2025 following initial financing in March 2024 to support user growth, AI innovation, and market expansion; launching the Parametric Equity Plus ETF (PEPS) as part of a growing ETF platform exceeding $3.3 billion in assets with 16 strategies; funds managed by Morgan Stanley Expansion Capital acquiring stakes in UK payments firm Sokin with $50 million Series B participation, AI cardiac monitoring provider Octagos Health in a $43 million Series B, AI data lake platform Cloudian with $23 million growth financing, and fast-casual chain Urban Plates with $27 million for expansion; closing North Haven Expansion Equity IX and North Haven Expansion Credit II funds with $1.2 billion in commitments oversubscribing the $850 million target; Morgan Stanley Capital Partners closing Fund VIII at $3.2 billion in June 2025; agreeing to acquire EquityZen in October 2025 to enhance private markets research and trading capabilities; and entering a 40,000-tonne carbon dioxide removal agreement with Climeworks in October 2024 while exiting the Net-Zero Banking Alliance in January 2025.