The Firm's celebration of Hispanic Heritage Month capped off an important year of recognition for the Firm's continuing support of the Hispanic community and Hispanic employees. For the sixth consecutive year, Morgan Stanley was named one of the "50 Best Companies" by LATINA Style magazine, an annual survey that examines over 1,000 companies for their commitment to issues such as employee development, benefits, women's issues, networking groups and Hispanic relations.

In 2007, Morgan Stanley was named one of the top 60 "Diversity Elite" by Hispanic Business magazine, one of the "Top 100 Hispanic-Friendly Firms" by Hispanic magazine and one of the "Top 50 Companies for Supplier Diversity" by Hispanic Trends magazine.