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Topic: Miscellaneous
Number of pages / Number of words: 26 / 7010
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Both of these strategies have annual objectives that are attainable and which involve Morgan Stanley Dean Witter becoming the preeminent Investment Bank in the World.

The Industry

The securities industry spans a wide range of financial services that include: "1) providing a mechanism that links people who have money with those seeking to raise money; 2) delivering a means of valuing and pricing investments; and 3) offering a vehicle that investors can use to liquidate their investments" (Mote, 1995: 838)...


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Investment banking is a sector within the securities industry that focuses on raising capital through debt and equity issues as well as providing advisory services for mergers and acquisitions (M&A). The principal investment banking firms in the United States are Merrill Lynch; Morgan Stanley-Dean Witter, Discover & Co...


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