Morgan Stanley
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Morgan Stanley is an American holding company, providing financial services through its subsidiaries to govts, institutions and individuals. The company operates in the Americas (73.1%), Europe/Middle East/Africa (15.2%) and Asia/Pacific (11.7%), through 3 business segments:2018
- 50.7%: Investment and Finance banking: financing for acquisitions, projects, etc.; operations on the stock, interest, exchange, and raw materials markets, share trading transactions, merger-acquisition consulting, etc.;
- 42.5%: Wealth management
- 6.8%: Investment management
Tax Policy: Morgan Stanley has 619 subsidiaries in tax havens.[1]
Financing Fossil Fuels:[1]
Tar Sands: $214m
Arctic Oil: $226m
Offshore: $3.91bn
Fracking: $2.24bn
LNG Export: $1.92bn
Coal Mining: $154m
Coal Power: $619m
Company
Total float: 59.3%
- 49.9% Mitsubishi UFJ Financial Group Inc
- 7.85% SSgA Funds Management Inc
- 6.28% Vanguard Group Inc
- 4.05% T Rowe Price Associates Inc
- 3.91% China Investment Corporation
- 2.13% BlackRock Fund Advisors
- 1.85% JP Morgan Investment Management Inc
- 1.70% Putnam Investments LLC
- 1.24% Invesco Advisers Inc
- 1.19% Geode Capital Management LLC
Structure
ToDo: Financials, Subsidiaries
Wealth Management
Morgan Stanley Wealth Management is Morgan Stanley's wealth and asset management division. Prior to Sept.2012, the business was known as "Morgan Stanley Smith Barney LLC",ref and the name was retained as its broker-dealer brand.
Timeline
References
- ^ Banking on Climate Change: Fossil Fuel Finance Report 2020. The new Report shows financial support for the Fossil Fuel Industry has increased every year since the Paris Agreement was adopted in Dec.2015. Again, the big USA banks dominate; again, JPMorgan Chase leads the pack, with Wells Fargo, Citigroup, and Bank of America close on their heels. These 4 banks alone are responsible for 30% of all fossil fuel financing out of the 35 major global banks since the Paris Agreement was adopted. Rainforest Action Network, Mar.20.2019.