Morgan Stanley Canada is the Canadian subsidiary of Morgan Stanley, a global financial services firm headquartered in New York City. The company provides a wide range of financial services to institutional and individual clients, including investment banking, wealth management, and sales and trading.

The Canadian arm of Morgan Stanley has approximately 1,500 employees in offices located in Toronto, Montreal, Calgary, and Vancouver. Positions include investment bankers, equity research analysts, technology analysts, operations managers, administrative assistants and legal counsel.

Morgan Stanley has a long history dating back to 1935 when the company was founded by Henry S. Morgan and Harold Stanley. In Canada, Morgan Stanley established a presence in 1969 with the opening of a representative office in Toronto.

Over the years, the company has expanded its operations and service offerings in Canada through a combination of organic growth and acquisitions. For example, in 2009, Morgan Stanley acquired the Canadian retail brokerage firm, Solium Capital.

Recent layoffs at Morgan Stanley

• May 2023: Morgan Stanley is reportedly planning to slash 3,000 jobs by the end of June due to “slow dealmaking and a tough economic environment.”
• December 2022: The financial services firm cut 1,200 employees before the close of the year.

Severance for Morgan Stanley employees

In Canada, employees at Morgan Stanley can get up to 24 months of severance pay when they are fired or laid off...

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