Goldman Sachs Acquires Morgan Stanley

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Category: Business and Industry

Date Submitted: 12/09/2013 05:59 PM

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I. Company Introduction

 Goldman Sachs

The Goldman Sachs Group, Inc.(NYSE:GS) is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

Goldman Sachs was founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. It has four business segments:investment banking, institutional client services, investing and lending, and investment management.

Goldman Sachs’ former employees are also a glance, including Robert Rubin and Henry Paulson who served as US Secretary of the Treasury, respectively, as well as Mark Carney, the governor of the Bank of Canada since 2008, Mario Draghi, governor of the European Central Bank and Mario Monti, the Prime Minister of Italy.

 Morgan Stanley

Morgan Stanley is a global financial services firm that, through its subsidiaries and affiliates, provides its products and services to a large and diversified group of clients and customers, including corporations, governments, financial institutions and individuals. Morgan Stanley was originally incorporated under the laws of the State of Delaware in 1981, and its predecessor companies date back to 1924. The Company is a financial holding company regulated by the Board of Governors of the Federal Reserve System under the Bank Holding Company Act of 1956, as amended. The Company conducts its business from its headquarters in and around New York City, its regional offices and branches throughout the U.S. and its principal offices in London, Tokyo, Hong Kong and other world financial centers. At December 31, 2011, the Company had 61,899 employees worldwide.

Morgan Stanley provides securities products and services to customers, including corporations, governments, financial institutions and individuals. The company...