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Morgan Stanley

Japan's biggest bank Mitsubishi UFJ Financial Group (MUFG) president Nobuyuki Hirano (2nd R) speaks as he announces the company's financial results ending March, at the Bank of Japan headquarters in Tokyo on May 15, 2013. MUFG saw lowered profits and sales due to the lack of a one-time gain that the bank had recorded from the conversion of its Morgan Stanley preferred share holdings into common shares. The banking group's net profit fell 13.1 percent to 852.62 billion yen (8.3 billion USD) while revenue fell 3.8 percent to 4.76 trillion yen.

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About Morgan Stanley

Morgan Stanley (NYSE: MS) is a global financial services provider headquartered in New York City, New York, United States. It serves a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 33 countries around the world with 600 offices, with an approximate employee workforce of 45,000. The company reports US$779 billion as assets under its management.

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