King Washington Dealers Agreement between Active Assets Premier Money Trust and Morgan Stanley Dean Witter Advisors, Inc.
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Sears ended up spinning Dean Witter off in 1993, and it grew rapidly during the bull market before merging with Morgan Stanley to form the No. 2 securities firm, behind Merrill Lynch MER, +3.22% .
It was the first brokerage to open offices in all 50 states, and in 1972 became one of the first securities firms to sell shares to the public. In 1981, Dean Witter became one of the first firms to experiment with the now-scoffed-at idea of the financial supermarket, allowing itself to be bought by Sears Roebuck & Co.
The Morgan Stanley Group, one of Wall Street's elite investment firms, and Dean Witter, Discover & Company, which sells stocks and bonds to small investors, agreed to merge yesterday into the world's biggest securities company in a transaction valued at $10.2 billion.
The Morgan Stanley Group, one of Wall Street's elite investment firms, and Dean Witter, Discover & Company, which sells stocks and bonds to small investors, agreed to merge yesterday into the world's biggest securities company in a transaction valued at $10.2 billion.
In addition, when we act as a broker, we also offer investor education, research, financial tools and personalized information about financial products and services, including recommendations about whether to buy, sell or hold securities.
Sears, Roebuck & Company, the nation's biggest retail store chain, announced yesterday that it would buy Dean Witter Reynolds Inc., the fifth-largest brokerage house, for about $607 million in cash and stock.
Morgan Stanley shares a name, or part of a name, with JPMorgan Chase & Co. (JPM) and it is not a coincidence. The Morgan in Morgan Stanley is J.P. Morgan's grandson. The company was founded by Henry S.
In 1997, Morgan Stanley Group, Inc. and Dean Witter Discover merged to form one of the largest global financial services firms: Morgan Stanley Dean Witter & Discover Co.. The combined firm later dropped the "Discover Co." name in 1998 and further the "Dean Witter" name in 2001.
Morgan Stanley, the tony investment bank for rich Americans and corporations, is making a play for the masses with its $13 billion takeover of discount brokerage pioneer E-Trade. The move, announced early Thursday, is the biggest takeover by a U.S. bank since the financial crisis.