Morgan Stanley

Donation to the American Red Cross Haiti Relief and Development Fund will support short-term emergency relief

Jan 14 2010 -- New York -- Morgan Stanley (NYSE: MS) announced today that it is contributing $1,000,000 to the American Red Cross Haiti Relief and Development Fund to support relief efforts following devastating earthquakes in Haiti.

"Morgan Stanley extends its deepest condolences to those in Haiti affected by this tragedy and to those family members residing abroad, many of whom are here in the U.S.," said James Gorman, CEO and President of Morgan Stanley. "Our culture and history dictate that we, as a Firm, respond and we hope that today's donation will help provide a measure of comfort in the wake of such a catastrophic event."    » read more »

Jan. 15, 2009 – As big banks prepare to dole out seven- and eight-figure bonuses while millions of Americans struggle to find work, Congressman Dan Lipinski (IL-3) said today that Wall Street must repay in full the enormous debt it owes the American taxpayer.    » read more »

Will Sell Retail Asset Management Business, Including Van Kampen Investments, to Invesco and Maintain Minority Stake in Combined Firm

Oct 19 2009 -- New York -- Morgan Stanley (NYSE: MS) today announced as part of a restructuring of its investment management division a definitive agreement to sell its retail asset management business, including Van Kampen Investments, Inc., to Invesco Ltd. (NYSE: IVZ), a leading independent global investment management company. This transaction allows the Firm to focus on its institutional client base - including corporations, pension plans, large intermediaries, foundations and endowments, sovereign wealth funds, and central banks, among others.    » read more »

"Step Up To The Plate" Will Focus On Food Provision As Well As Medical Intervention For Children Suffering From Acute Malnutrition

Oct 19 2009 -- New York -- Morgan Stanley (NYSE: MS) announced today that the Firm will launch "Step Up to the Plate," a global initiative to reduce childhood malnutrition and save lives worldwide. This two-pronged approach is designed to address malnutrition by providing food to children most in need in developed nations, while also addressing the medical effects of children already experiencing malnutrition in the developing world.    » read more »

James H. Hance Jr. to Join Board in July

June 22 2009 -- New York -- Morgan Stanley (NYSE:MS) announced today that James H. Hance, Jr. has been elected to the company's Board of Directors, effective July 1. This will bring the total size of the Board to 13 members.

Mr. Hance, 64, is a Senior Advisor at The Carlyle Group and was formerly Chairman of Carlyle Capital Corp. Previously, Mr. Hance was with Bank of America and its predecessor companies for 18 years as a Vice Chairman and Chief Financial Officer and a member of the board. He was also a Partner at Price Waterhouse in the 1980s.    » read more »

June 22 2009 -- Riyadh -- Morgan Stanley (NYSE:MS) today announced that Morgan Stanley Saudi Arabia (MSSA) has launched equity trading on the KSA stock exchange, Tadawul. This new capability enables the Firm and its clients to trade cash equities and delivers the Firm's global market expertise to Saudi as well as GCC investors. The launch also enables MSSA to service international clients via swap contracts.

The new equity trading capability follows on the Firm's recent initiation of economic and equity strategy research coverage for Saudi Arabia.    » read more »

Jun 17 2009 - New York -- Today Morgan Stanley (NYSE: MS) was pleased to pay back the $10 billion in TARP money to the U.S. Treasury.

Morgan Stanley and its employees appreciate the support of the U.S. government, Congress and the Administration during this challenging period.

We also welcome and support the regulatory reforms proposed by the Obama Administration as we continue to work with the Administration and Congress to ensure safety and soundness in the banking system and the strength and stability of our overall financial system.

Source: Morgan Stanley

June 16 2009 -- New York -- Morgan Stanley (NYSE: MS) today declared a regular quarterly dividend on the outstanding shares of each of the following preferred stock issues:

* Floating Rate Non-Cumulative Preferred Stock, Series A - $252.78 per share (equivalent to $0.25278 per Depositary Share)
* 10 percent Non-Cumulative Non-Voting Perpetual Convertible Preferred Stock, Series B - $25.00 per share
* 10 percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share

The dividends for the Preferred Stock Series A, B and C are payable on July 15, 2009 to stockholders of record at the close of business on June 30, 2009.

Source: Morgan Stanley (NYSE: MS)

Jun 9 2009 -- New York -- "Morgan Stanley is pleased to be repaying its $10 billion in TARP capital with an attractive return for taxpayers.

"We believe this positive development reflects both Morgan Stanley's strong capital position as well as the important systemic role the TARP program played in helping stabilize the U.S. banking system since the height of the financial crisis.

"After exiting the TARP program, Morgan Stanley will continue working closely with the Obama administration, elected officials, our regulators and our peers on the best possible framework to ensure the safety and soundness of the U.S. banking system.

Source: Morgan Stanley

Investor Reporting Platform Offers Process Transparency, Providing Confirmation of NAV's and Deeper Layers of Portfolio Transparency

Jun 8 2009 -- New York -- Morgan Stanley Fund Services (MSFS), a provider of independent fund administration services, announced the launch of an enhanced investor reporting platform in response to the growing demands for additional fund disclosure. The new reporting platform, branded Stratum (SM), allows for reporting at various levels of detail and frequency, defined by the manager on a fund-by-fund basis.    » read more »

Group Provides Investment Consulting Services to Institutional and HNW Investors

Jun 8 2009 -- New York -- Morgan Stanley Smith Barney LLC has formed Graystone Consulting (Graystone) to provide high-level investment consulting advice to institutional investors and the upper-tier private wealth market.

According to Patrick Schussman, CFA, CIMA, Director of Graystone Consulting, "Graystone is a distinct business that enables accomplished investment consulting teams to draw upon Morgan Stanley Smith Barney's asset allocation and investment manager research and analytics." The teams also have access to performance reporting, custody services and other institutional-quality capabilities.    » read more »

June 2, 2009 -- New York -- Morgan Stanley (NYSE: MS) today announced that it has priced a public offering of approximately 80.2 million shares of common stock to the public at $27.44 per share for total gross proceeds of approximately $2.2 billion. The underwriter will have a 30-day option to purchase approximately up to an additional 4.0 million shares of common stock from Morgan Stanley.    » read more »

June 2, 2009 -- New York -- Morgan Stanley Private Equity has entered into a strategic partnership with and majority investment in Triana Energy Investments, LLC (Triana Energy). Triana Energy is a natural gas exploration and production (E&P) company based in Charleston, WV, with operations focused on the Appalachian Basin, including the Marcellus Shale. This investment is intended to be the first step in a broader partnership as Triana Energy expands operations to become a leading North American energy company.    » read more »

Morgan Stanley Smith Barney Is New Industry-Leading Franchise With Over 18,500 Financial Advisors;

June 1, 2009 -- New York -- Morgan Stanley (NYSE: MS) and Citi (NYSE: C) today announced the closing of their Morgan Stanley Smith Barney joint venture, which will create a new global leader in wealth management. Originally targeted for the third quarter of 2009, the closing was achieved ahead of schedule.

As previously announced, Morgan Stanley Smith Barney combines Morgan Stanley's Global Wealth Management Group with Citi's Smith Barney in the U.S., Quilter in the UK, and Smith Barney Australia retail units into a new wealth management firm with over 130 years of experience.    » read more »

BURLINGTON, Vt., May 29 – As crude oil prices jumped to the highest level in six months, Senator Bernie Sanders urged federal regulators yesterday to stop speculators from artificially driving up prices.

Sanders said the Commodity Futures Trading Commission should use its emergency powers – which include the authority to impose speculation limits, increase margin requirements, and suspend trading – in order to ensure that oil prices accurately reflect supply and demand.

“I hope you will seize this opportunity to redefine the CFTC as a strong regulator that will do everything within its power to benefit consumers,” Sanders said in a letter to Gary Gensler, the commission’s new chairman.    » read more »