The merger of 1997 brought together two of the most distinctive bankers in American financial circles: John Mack of Morgan Stanley and Philip purcell of Dean Witt. The conflict between them ended in July 20001year when Mack left, and Pei Xiliang has been the chairman and global CEO of Morgan Stanley ever since. Under his leadership, Morgan Stanley has gradually developed into a comprehensive financial service company, providing one-stop financial products.
In the September1incident in 2006, Morgan Stanley lost 0.2 million square feet of office space in the World Trade Center/Kloc-0. The company bought 750,000 square feet of new office buildings near Manhattan, which is now the global headquarters of Morgan Stanley.
Morgan Stanley has nine departments, including: stock research department, investment banking department, private wealth management department, foreign exchange/bond department, commodity trading department, fixed income research department, investment management department, direct investment department and institutional stock department. The financial fields involved include stocks, bonds, foreign exchange, funds, futures, investment banks, securities underwriting, corporate financial consulting, institutional enterprise marketing, real estate, private wealth management, direct investment and institutional investment management.
Morgan Stanley has more than 2,000 employees in the Asia-Pacific region, of which about 65,438+0,500 work in Greater China (Chinese mainland, Hong Kong, Macau and Taiwan Province Province), with offices in Hong Kong, Beijing, Shanghai and Taipei. 1995 In August, Morgan Stanley and China Construction Bank jointly established China International Capital Corporation, and the company currently holds 34.3% of the shares. Morgan Stanley thus became the first international financial company to set up a joint venture investment bank in Chinese mainland. Through its joint venture bank in China, Morgan Stanley was able to provide overseas listing services for many China companies, including China Unicom, China Petrochemical and China Telecom, and raised more than US$ 654.38 billion.
During the period of 1995, Morgan Stanley became the first multinational bank to invest in a domestic joint venture investment bank in China. China International Capital Corporation (CICC) is a joint venture company composed of Morgan Stanley, China Yin Jian Investment Co., Ltd. and several domestic and foreign entities. Morgan Stanley is the second largest shareholder, holding 34.3% of the company's shares.
CICC has rich experience in domestic and foreign capital markets, comprehensive industry knowledge, in-depth understanding of China's national conditions and global support network. CICC attaches great importance to the development of long-term customer relations and is committed to providing international-level, high-quality and original financial services to help customers achieve their strategic development goals. Headquartered in Beijing, with assets of US$ 6,543.8+250 billion, CICC will celebrate its 65,438+00th birthday in September 2005.
In the past ten years, CICC has developed rapidly, participated in many major events and won numerous international awards to help customers succeed. CICC set up offices in Hong Kong and Shanghai in 2000 and 2000 respectively. CICC is a member of Shanghai Stock Exchange, Shenzhen Stock Exchange and Hong Kong Stock Exchange.
Morgan Stanley and CICC participated in several privatization projects of large state-owned enterprises, including:
In June 2005, before the initial public offering (IPO) of China Construction Bank, Bank of America was introduced as a strategic investment shareholder.
In May 2004, China Telecom Co., Ltd. issued H shares/American Depositary Receipts, raising $65.438+72.5 million.
June 5438+October 2003 10, China People's Property Insurance Co., Ltd. went public with an IPO, with a financing of 800 million US dollars.
In June 2002, 165438+ 10, China Telecom's global IPO was listed simultaneously in Hongkong and new york, raising15.2 billion US dollars.
200 1 65438+February, the global IPO of Chinalco Co., Ltd. was listed simultaneously in new york and Hongkong, raising 486 million US dollars.
From June 5, 2000 to 10, Sinopec's global IPO was listed in new york, London and Hongkong respectively, raising US$ 3.46 billion.
In June 2000, China Unicom Co., Ltd. was listed in new york and Hongkong at the same time, raising 5.65 billion US dollars.
As a partner of CICC, Morgan Stanley is deeply honored and will continue to work hard to establish a long-term and close partnership, * * * to promote China's economic development and * * * to enjoy prosperity and success by serving customers at home and abroad.
The company ranked 6th1in the Fortune Global 500 in 2007.