Morgan Stanley yesterday officially laid to rest Smith
Barney, the 75-year-old iconic Wall Street brokerage brand according to a NY
Post report.
The investment bank run by CEO James Gorman owns a majority
51 percent share of a joint venture with Citigroup’s prominent brokerage firm
Smith Barney, which it purchased during the height of the banking crisis.
However, top officials at Morgan Stanley opted to nix the
legendary brand in favor of a new name: Morgan Stanley Wealth Management…
Grab a hankie and read more at http://www.nypost.com/p/news/business/smith_barney_rip_PbCE5YyGjMIH31oqRn4X1I
No comments:
Post a Comment