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Harold Stanley (October 2, 1885 – May 14, 1963) was an American businessman and one of the founders of Morgan Stanley in 1935. For 20 years, he ran Morgan Stanley until he left the firm in 1955.
Co-founder Harold Stanley had long been recognized as a leading authority on utility finance—a skill that would become a core strength of the bank for generations to come. Power companies needed capital. Early in his career, Stanley recognized that power companies needed capital to expand and meet the growing demand for electricity.
The early 1940s saw the start of the firm's commitment to giving back, when founder Harold Stanley raised $1.5 million for the U.S. Committee for the Care of European Children. In 1947, the firm issued the first bond on behalf of the World Bank to fund post-war reconstruction in Europe.
Voted “Handsomest” and “Most Popular” in his graduating class, Harold Stanley was captain of the championship hockey team; coached freshman baseball; managed a musical club; and was active in college activities like city government and duck hunting.
After Congress forces banks to choose between serving commercial or institutional clients, Harold Stanley and Henry Morgan leave J.P. Morgan & Co. to open a new investment bank that bears their names.
Having made a name for himself at JP Morgan prior to the Banking Act of 1933, Stanley became a leader in the newly independent investment banking industry. Under Stanley’s leadership, his company gained a strong position in securities offerings, especially in the bond market.
May 10, 2023 · Morgan Stanley is a leading global investment bank and wealth management firm, employing more than 82,000 people worldwide. The company makes money primarily from three segments called...
Harold Stanley was an American investment banker and securities expert. He was known as one of the founders of Morgan Stanley. Harold was born on October 2, 1885 in Great Barrington, Massachussets, United States, the son of William Stanley and Lila Courtney Wetmore.
Harold Stanley was one of the founding partners of Morgan Stanley, established in 1935. As co-founder, along with Henry Sturgis Morgan, he helped build Morgan Stanley into a prominent investment bank in its early years.
Harold Stanley (1885-1963) was an American banker and financier who co-founded the prestigious investment bank Morgan Stanley along with Henry Sturgis Morgan in 1935. Stanley had a successful career in banking and played a vital role in the development of Morgan Stanley as one of the leading investment banks in the world.
