Euromoney magazine awarded Morgan Stanley 20 Award for Excellence in 2011 – Best M&A House, Best Global Equity House and Best Global Emerging Market Equity House.  Best Investment Bank in Asia, Nordic/Baltics, Sweden, Denmark, Greece and Taiwan.  Best M&A House in Western Europe, Central and Eastern Europe, United Kingdom, Germany, Russia, Spain and India.  Best Equity House in Japan, South Africa and Argentina.  Best Debt House in Ukraine.