Takeaways from Morgan Stanley's Annual Report
Morgan Stanley’s predecessor companies date back to 1924 during the days of John Pierpont Morgan.
In 2018, Morgan Stanley had over 60,000 employees.
Before engaging in certain financial activities, Morgan Stanley has to get the approval of the Federal Reserve.
If the Federal Reserve decides that Morgan Stanley is in a poor financial condition they are allowed to restrict the company from paying dividends to its shareholders.
Morgan Stanley’s net income in 2018 was $8.7 billion.
Morgan Stanley derived over 73% of their revenue from North America
Morgan Stanley has over $853 billion in assets on their balance sheet with $772 billion in liabilities.
Compensation and Benefits makes up over 60% of Morgan Stanley’s non-interest expenses.