www.morganstanley.com
Open in
urlscan Pro
23.45.239.45
Public Scan
Submitted URL: http://www.morganstanley.com/disclaimers
Effective URL: https://www.morganstanley.com/disclaimers/terms
Submission: On January 20 via api from CH — Scanned from DE
Effective URL: https://www.morganstanley.com/disclaimers/terms
Submission: On January 20 via api from CH — Scanned from DE
Form analysis
2 forms found in the DOMGET /search
<form class="cmp-search__form" data-cmp-hook-search="form" method="get" action="/search" id="frmsearchMS" autocomplete="off">
<div class="cmp-search__field">
<span class="cmp-search__loading-indicator" data-cmp-hook-search="loadingIndicator"></span>
<input class="cmp-search__input" type="text" name="text" placeholder="Search Morgan Stanley" data-analytics-input="Internal Search" aria-autocomplete="none" aria-haspopup="true" aria-invalid="false" aria-label="Search">
<div class="cmp-search-clear">
<span class="cmp-search-clear-text" tabindex="0">CLEAR</span>
<button type="submit" value="submit" tabindex="0" aria-label="Submit Search" class="cmp-search__go" data-analytics-button="Internal Search Button | Search" data-loadpath="/web/publicweb_search_services/webapp/service/search/msdotcom/lookup">
<span class="cmp-search-button-text"><i class="fa fa-search"></i></span>
</button>
</div>
</div>
</form>
Name: echo — GET /search
<form name="echo" method="GET" action="/search">
<label for="search-desktop1">
<span class="visually-hidden">Search</span>
</label>
<input type="text" id="search-desktop1" class="search-header-msdotcom" name="text" placeholder="Search" value="">
<button type="submit" value="submit" class="go-search-button" data-loadpath="/web/publicweb_search_services/webapp/service/search/msdotcom/lookup"><span class="go-search-button-text">Go</span></button>
</form>
Text Content
Skip to content * Our Insights Our Insights * Personal Finance * Market Trends * Technology & Disruption * Sustainability * Diversity & Inclusion STAY UP TO DATE * Sign Up For Our Newsletter * Listen To Our Podcasts * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Personal Finance Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Market Trends From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Technology & Disruption Whether it’s hardware, software or age-old businesses, everything today is ripe for disruption. Stay abreast of the latest trends and developments. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Sustainability Our insightful research, advisory and investing capabilities give us unique and broad perspective on sustainability topics. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Diversity & Inclusion Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. Hear their stories and learn about how they are redefining the terms of success. Featured Ideas Coronavirus: Economic Risk and Recovery Sustainability The Scale of Sustainable Investing Wealth Management Keeping Market Volatility in Perspective * What We Do What We Do * Wealth Management * Investment Banking & Capital Markets * Sales & Trading * Research * Investment Management * Morgan Stanley at Work * Sustainable Investing * Inclusive Innovation * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Wealth Management We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Banking & Capital Markets We have global expertise in market analysis and in advisory and capital-raising services for corporations, institutions and governments. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sales & Trading Global institutions, leading hedge funds and industry innovators turn to Morgan Stanley for sales, trading and market-making services. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Research We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Management We deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Morgan Stanley at Work We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sustainable Investing We offer scalable investment products, foster innovative solutions and provide actionable insights across sustainability issues. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Inclusive Innovation From our startup lab to our cutting-edge research, we broaden access to capital for diverse entrepreneurs and spotlight their success. * About Us About Us * Core Values * Leadership * History * Locations * Diversity * Sustainability * Giving Back * Technology * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Core Values Everything we do at Morgan Stanley is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Leadership Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. Our board of directors and senior executives hold the belief that capital can and should benefit all of society. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. History From our origins as a small Wall Street partnership to becoming a global firm of more than 60,000 employees today, Morgan Stanley has been committed to clients and communities for 85 years. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Locations The global presence that Morgan Stanley maintains is key to our clients' success, giving us keen insight across regions and markets, and allowing us to make a difference around the world. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Diversity Morgan Stanley is differentiated by the caliber of our diverse team. Our culture of access and inclusion has built our legacy and shapes our future, helping to strengthen our business and bring value to clients. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Sustainability Our firm's commitment to sustainability informs our operations, governance, risk management, diversity efforts, philanthropy and research. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Giving Back At Morgan Stanley, giving back is a core value—a central part of our culture globally. We live that commitment through long-lasting partnerships, community-based delivery and engaging our best asset—Morgan Stanley employees. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Technology As a global financial services firm, Morgan Stanley is committed to technological innovation. We rely on our technologists around the world to create leading-edge, secure platforms for all our businesses. * Careers Careers * Students & Graduates * Opportunities * Experienced Professionals * Opportunities * Technology Professionals * We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you. Students & Graduates A career at Morgan Stanley means belonging to an ideas-driven culture that embraces new perspectives to solve complex problems. See how you can make meaningful contributions as a student or recent graduate at Morgan Stanley. * We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you. Experienced Professionals At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. See how you can continue your career journey at Morgan Stanley. Featured Careers Meet the Minds Breaking the Mold Careers Explore Our Culture Technology Yes, You Can Be a Tech Innovator at Morgan Stanley * Investor Relations * Media Relations * Client Login Client Login * Morgan Stanley Online * StockPlan Connect * Research Portal * Matrix * Morgan Stanley Online * StockPlan Connect * Research Portal * Matrix * Investor Relations * Media Relations * Client Login Client Login * Morgan Stanley Online * StockPlan Connect * Research Portal * Matrix * Morgan Stanley Online * StockPlan Connect * Research Portal * Matrix * Our Insights Our Insights * Personal Finance * Market Trends * Technology & Disruption * Sustainability * Diversity & Inclusion stay up to date * Sign Up For Our Newsletter * Listen To Our Podcasts * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Personal Finance Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Market Trends From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Technology & Disruption Whether it’s hardware, software or age-old businesses, everything today is ripe for disruption. Stay abreast of the latest trends and developments. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Sustainability Our insightful research, advisory and investing capabilities give us unique and broad perspective on sustainability topics. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Diversity & Inclusion Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. Hear their stories and learn about how they are redefining the terms of success. Featured Ideas Coronavirus: Economic Risk and Recovery Sustainability The Scale of Sustainable Investing Wealth Management Keeping Market Volatility in Perspective * What We Do What We Do * Wealth Management * Investment Banking & Capital Markets * Sales & Trading * Research * Investment Management * Morgan Stanley at Work * Sustainable Investing * Inclusive Innovation * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Wealth Management We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Banking & Capital Markets We have global expertise in market analysis and in advisory and capital-raising services for corporations, institutions and governments. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sales & Trading Global institutions, leading hedge funds and industry innovators turn to Morgan Stanley for sales, trading and market-making services. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Research We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Management We deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Morgan Stanley at Work We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sustainable Investing We offer scalable investment products, foster innovative solutions and provide actionable insights across sustainability issues. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Inclusive Innovation From our startup lab to our cutting-edge research, we broaden access to capital for diverse entrepreneurs and spotlight their success. * About Us About Us * Core Values * Leadership * History * Locations * Diversity * Sustainability * Giving Back * Technology * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Core Values Everything we do at Morgan Stanley is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Leadership Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. Our board of directors and senior executives hold the belief that capital can and should benefit all of society. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. History From our origins as a small Wall Street partnership to becoming a global firm of more than 60,000 employees today, Morgan Stanley has been committed to clients and communities for 85 years. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Locations The global presence that Morgan Stanley maintains is key to our clients' success, giving us keen insight across regions and markets, and allowing us to make a difference around the world. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Diversity Morgan Stanley is differentiated by the caliber of our diverse team. Our culture of access and inclusion has built our legacy and shapes our future, helping to strengthen our business and bring value to clients. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Sustainability Our firm's commitment to sustainability informs our operations, governance, risk management, diversity efforts, philanthropy and research. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Giving Back At Morgan Stanley, giving back is a core value—a central part of our culture globally. We live that commitment through long-lasting partnerships, community-based delivery and engaging our best asset—Morgan Stanley employees. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Technology As a global financial services firm, Morgan Stanley is committed to technological innovation. We rely on our technologists around the world to create leading-edge, secure platforms for all our businesses. * Careers Careers * Students & Graduates * Opportunities * Experienced Professionals * Opportunities * Technology Professionals * We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you. Students & Graduates A career at Morgan Stanley means belonging to an ideas-driven culture that embraces new perspectives to solve complex problems. See how you can make meaningful contributions as a student or recent graduate at Morgan Stanley. * We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you. Experienced Professionals At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. See how you can continue your career journey at Morgan Stanley. Featured Careers Meet the Minds Breaking the Mold Careers Explore Our Culture Technology Yes, You Can Be a Tech Innovator at Morgan Stanley CLEAR Search Go GENERALLY APPLICABLE DISCLAIMERS Generally Applicable Disclaimers The following is generally applicable to all electronic messages you receive from and exchange with Morgan Stanley and its affiliates: We monitor and retain copies of electronic communications Morgan Stanley reserves the right, to the extent required and/or permitted by applicable law or regulation, to monitor electronic communications, (including email, SMS and instant messages) and phone calls and to retain such electronic communications and call recordings in a manner and at locations within Morgan Stanley's discretion. You understand that by engaging in electronic communications with Morgan Stanley you are expressly consenting to the recording of those communications. Use of electronic communication messages If you use an electronic communication message to request that Morgan Stanley effect the purchase or sale of any security or commodity or any other transactions, such messages do not constitute binding instructions, orders or executions. Orders shall only be deemed received once accepted and processed by Morgan Stanley. On the basis of any such electronic communication message, Morgan Stanley has no obligation to enter into a transaction or to provide a quote. You may not use electronic communication messages to send fund transfer instructions. No liability for use of electronic communications Morgan Stanley does not take any liability or responsibility for any loss or damage that results from use of electronic communications including but not limited to such communications having been intercepted, not received or not acted upon. Recall or Deletion not valid withdrawal of electronic communication You understand that deletion or recall of any electronic communication may not result in Morgan Stanley failing to receive or view such electronic communication and will not be a valid withdrawal of any request or provision of information. Responsibility for electronic communications attributable to you You are responsible for any transmissions, instructions, authorizations, requests or other electronic communications attributable to you, whether entered by you, your authorized personnel or by any other person, and any such electronic communication shall be deemed to be a duly signed writing of yours sufficient to bind you. Electronic messages are not intended as an official communication Unless otherwise agreed, an electronic message is not intended as an official document, offer, solicitation, or confirmation of transaction for the purchase or sale of any product or service, and we make no representations or warranties as to the completeness or accuracy of such electronic message or accept responsibility for, or guarantee the electronic communication or any of its contents to be, accurate, timely, secure, error or virus-free. The information in electronic communications are provided purely as an informational courtesy and any comments or statements in an electronic message do not necessarily reflect those of Morgan Stanley. Electronic messages may not be reproduced, redistributed or disseminated, without the prior written consent of Morgan Stanley. Information may not be secure when transmitted over the Internet Morgan Stanley makes no representation or warranty that electronic messages will be confidential. Electronic messages may be intercepted or accessed by unauthorized or unintended parties, may not arrive at the intended destination, or may not arrive in the form transmitted. Morgan Stanley has the ability to make information available through secure electronic transmissions. Please contact the sender if you wish to receive secure transmissions. If you have received an electronic message in error, please destroy all electronic and paper copies and notify the sender immediately. Mistransmission is not intended to waive confidentiality or privilege. Morgan Stanley reserves the right, to the extent required and/or permitted under applicable law, to monitor electronic communications, including telephone calls with Morgan Stanley personnel. Electronic messages may be delayed, and information in electronic messages may be not be up to date and may not be updated Electronic message communications cannot be guaranteed to be accurate, complete, timely, secure or error free. Information provided speaks only as of its date. We have not undertaken or warranted, and will not undertake or warrant, as to the completeness or accuracy of any market prices, data and other information and are under no obligation to update the information or otherwise advise you of changes in our opinion or in the research or information we make available to you. Electronic messages should not be confused with a research report Unless otherwise noted, electronic messages do not constitute Morgan Stanley research even if they refer to a research or analyst report. Unless otherwise indicated, any views expressed are those of the author alone and may differ from others within Morgan Stanley, including those of Morgan Stanley's Research Department. Past performance is not indicative of future returns. For additional Morgan Stanley research disclaimers and disclosures, please see https://www.morganstanley.com/researchdisclosures. Electronic messages are not intended to serve as an offer or solicitation Electronic messages are not offers (or solicitation of offers) to buy or sell the securities or instruments that they may mentioned. Past performance To receive further information in relation to the past performance of the financial instrument and or underlying (as applicable) and/or the functioning of the financial instrument in different market conditions referred to in any electronic communications produced by Employees of any Morgan Stanley entity based in EMEA, please contact your EMEA Morgan Stanley Sales representative. Morgan Stanley is not acting as a municipal advisor and the opinions or views contained in any electronic communications are not intended to be, and do not constitute, advice, including within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Morgan Stanley may have a relationship with entities discussed in electronic communications Morgan Stanley may act as a principal or market maker of the securities or instruments mentioned or may act as an advisor to (or seek to advise) the issuer. Third Party Data The data contained in an electronic communication may be obtained from a variety of sources and may be subject to change. Morgan Stanley and its affiliates disclaim any and all liability for the information, including without limitation, any express or implied representations or warranties for information or errors contained in, or omissions from, the information. Morgan Stanley and its affiliates, employees and officers shall not be liable for any loss or liability suffered by you resulting from the provision to you of the information or your use or reliance in any way on the information. Delivery of Data by electronic communication By accepting the receipt of any electronic communication, you confirm that you are authorized to do so and that acceptance of any information or material included within such electronic communication would not be in breach of your internal policies and procedures. Privacy For further information on how Morgan Stanley processes your personal information, please see the Morgan Stanley Privacy Pledge. By communicating with Morgan Stanley you acknowledge that you have read and understand the Morgan Stanley Privacy Pledge. Marketing To the extent you have received any marketing communications and do not wish to receive any further marketing communications, please contact the sender. Electronic Communications System Failure In the event of any electronic communications system delay or failure, you are responsible for contacting Morgan Stanley by alternative means, such as telephone. * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) -------------------------------------------------------------------------------- * Disclosures * Investor Relations * Corporate Governance * Newsroom * Careers -------------------------------------------------------------------------------- * Privacy & Cookies * Your Privacy Choices * Terms of Use * Contact Us * Global Offices * Equal Employment Opportunity -------------------------------------------------------------------------------- © 2023 Morgan Stanley. All rights reserved. Close About Cookies On This Site Morgan Stanley processes personal data as part of and/or in connection with your use of our websites. When you browse our sites or receive one of our emails, Morgan Stanley and companies we work with, use cookies and similar technologies ("cookies") to store your online preferences, assist our marketing activities and analyse website traffic. To find out more about how Morgan Stanley processes personal data and how we use cookies, see our Privacy and Cookies policies. Please note that some cookies are required for the operation of our website. By selecting "'Accept All,"' you consent to our use of additional cookies. You can also "'Reject All"' or "'Manage"' our use of additional cookies by selecting the relevant button. Reject AllAccept AllManage