Morgan Stanley Dean Witter

Company Background Dean, Guy and Jean Witter founded Dean Witter in 1924 on the fundamental principle of serving the financial needs of individual investors. Morgan Stanley & Co. Incorporated was established in 1935 by Henry Morgan, Harold Stanley and other associates to continue to serve the investment banking clients of J.P. Morgan & Co. following the enactment of the Glass-Steagall Banking Act of 1933 which required divestiture of the securities arm of the company. Morgan Stanley Dean Witter & Co. …

…idea for this company but as for any company, it must be a careful venture. They would benefit more if they spent less on technology to beat out competition and used the money for research and development in foreign countries. You can never do too much research when going global. If Morgan Stanley Dean Witter can successfully go global, then they can still outperform their competition financially with revenues instead of technological innovations. ------------------------------------------------------------------------ **Bibliography**