Morgan Stanley

Morgan Stanley Completes Merger of U.S. Broker-Dealers

Apr 3, 2007

New York —


Morgan Stanley (NYSE: MS) announced it has completed the merger of its two principal U.S broker-dealers.

Effective April 1, Morgan Stanley & Co., Incorporated and Morgan Stanley DW Inc. were merged into a single broker-dealer under the name Morgan Stanley & Co., Incorporated.  The merger will enhance the integration of products, services and processes across the Firm’s various lines of business.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, wealth management and credit services.  The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 31 countries.  For further information about Morgan Stanley, please visit

Contact: Media Relations, Christy Pollak, 914.225.6827