Morgan Stanley Dean Witter
Dean, Guy and Jean Witter founded Dean Witter in 1924 on the fundamental principle of serving the financial needs of individual investors.Morgan Stanley & Co. Incorporated was established in 1935 by Henry Morgan, Harold Stanley and other associates to continue to serve the investment banking clients of J.P. Morgan & Co. following the enactment of the Glass-Steagall Banking Act of 1933 which required divestiture of the securities arm of the company. Morgan Stanley Dean Witter & Co. was created as a result of the 1997 merger of Dean Witter, Discover & Co. and Morgan Stanley Group Inc. Today, Dean Witter Reynolds Inc. and Morgan Stanley & Co. Incorporated are wholly owned subsidiaries of Morgan Stanley Dean Witter & Co., which also includes Discover Card, NOVUS Financial, Prime Option Services, Discover Brokerage Direct and Van Kampen American Capital. Headquartered in New York City, Morgan Stanley Dean Witter serves the individual investors through a national network of branch offices, offering a wide range of investment and credit products and services. Additionally, the firm provides investment banking, asset management, and sales and trading through 38 offices in 23 countries around the world.
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Approximate Word count = 3930
Approximate Pages = 16 (250 words per page double spaced)
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