In 2015 Bank J. Safra Sarasin acquired Morgan Stanley's Swiss private banking business, operating as Bank Morgan Stanley AG with offices in Zurich and Geneva.
BANK MORGAN STANLEY AG was the 48th largest bank in Switzerland in terms of total assets. In 2014 its total assets were 6 714,60 mln CHF, providing the bank with the market share of 0.18%. BANK MORGAN STANLEY AG was the 12th largest foreign-controlled bank in Switzerland (out of 90 foreign-controlled banks) having market share of 2.32% amongst the banks of this category. BANK MORGAN STANLEY AG had 407 employees in 2014.
BANK MORGAN STANLEY AG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A (high credit quality).
BANK MORGAN STANLEY AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
BANK MORGAN STANLEY AG was headquartered in Zürich.
| Total Assets (2014) |
|---|
| 6 714.60 mln CHF (+23.27%) |
| Assets Under Management (2014) |
| 53 025.00 mln CHF (+16.43%) |
In 2014 total assets of BANK MORGAN STANLEY AG were 6 714.60 mln CHF. Growth compared to the previous period (2013) was 23.27%. The evolution of the total assets of BANK MORGAN STANLEY AG is shown at Chart 1 below.
Chart 1. Total Assets of BANK MORGAN STANLEY AG.
In 2014 assets under management of BANK MORGAN STANLEY AG were 53 025.00 mln CHF. Growth compared to the previous period (2013) was 16.43%.
| Gross Profit (2014) |
|---|
| 23.70 mln CHF (-34.89%) |
| Annual Profit (2014) |
| 14.40 mln CHF (-40.74%) |
In 2014 gross profit of BANK MORGAN STANLEY AG was 23.70 mln CHF. Decline compared to the previous period (2013) was -34.89%.
Recent changes in gross profit of BANK MORGAN STANLEY AG and its main components are shown in Table 1.
| 2013 | 2014 | % change | |
|---|---|---|---|
| Net Interest Income | 19.8 | 23.6 | +19.19% |
| Net Commission Income | 233.8 | 236.0 | +0.94% |
| Net Income from Trading Operations | 0.0 | 4.9 | |
| Net Income from Banking Operations | 250.7 | 265.0 | +5.70% |
| Gross Profit | 36.4 | 23.7 | -34.89% |
| Table 1. Recent changes in gross profit of BANK MORGAN STANLEY AG (mln CHF). | |||
In 2014 annual profit of BANK MORGAN STANLEY AG was 14.40 mln CHF. Decline compared to the previous period (2013) was -40.74%.
| Number of Employees (2014) |
|---|
| 407 (-8.33%) |
In 2014 there were 407 employees of BANK MORGAN STANLEY AG. Decline compared to the previous period (2013) was -8.33%.
| Total Assets (2014) |
|---|
| 48th (market share 0.18%) |
In 2014 BANK MORGAN STANLEY AG was ranked the 48th largest bank in Switzerland in terms of total assets, having 0.18% of the domestic market share.
Chart 2. Market share of BANK MORGAN STANLEY AG (among banks in Switzerland)
Several banks having the market shares and ranks closest to BANK MORGAN STANLEY AG are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 47 |  Baloise Bank SoBa AG | 7113.02 mln CHF | 0.25% |
| 48 |  BANK MORGAN STANLEY AG (closed) | 6714.60 mln CHF | 0.18% |
| 49 |  SIX SIS AG | 6471.55 mln CHF | 0.17% |
| Total Assets (2014) |
|---|
| 12th (market share 2.32%) |
In 2014 BANK MORGAN STANLEY AG was ranked the 12th largest foreign-controlled bank in Switzerland in terms of total assets, having 2.32% of the category's market share.
Chart 3. Market share of BANK MORGAN STANLEY AG (among Foreign-controlled banks in Switzerland)
Several foreign-controlled banks having the market shares and ranks closest to BANK MORGAN STANLEY AG are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 12 |  SOCIETE GENERALE Private Banking (Suisse) SA | 7984.80 mln CHF | 2.21% |
| 12 | BANK MORGAN STANLEY AG (closed) | 6714.60 mln CHF | 2.32% |
| 10 |  Bank CIC (Schweiz) AG | 6169.92 mln CHF | 3.09% |
| Fitch | Moody's |
|---|---|
| A (high credit quality) | - (not rated) |
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. BANK MORGAN STANLEY AG is rated by Fitch.
Credit ratings assigned to BANK MORGAN STANLEY AG as of April 2016 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for BANK MORGAN STANLEY AG it is set to A (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for BANK MORGAN STANLEY AG is set to F1 (highest short-term credit quality).
| Long-Term Issuer Default Rating | A |
| Outlook | stable |
| On Watch | No |
| Short-Term Issuer Default Rating | F1 |
| Viability Rating | - |
| Support Rating | 1 |
| Support Rating Floor | - |
Viability rating for BANK MORGAN STANLEY AG is not set support rating is 1 (extremely high probability of external support); support rating floor is not set.
| Deposit Guarantee |
|---|
| Yes (up to 100 000 CHF per depositor) |
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.
In the case of BANK MORGAN STANLEY AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
| Eligible Depositors | private individuals, commercial enterprises and public-sector offices |
| Covered Accounts | credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts) |
| Covered Currencies | all |
| Maximum Protected Amount | 100 000 CHF |
| Paid In Currency | CHF |
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of BANK MORGAN STANLEY AG and its components are shown in the table below.
| BIC | MSSACHZXXXX |
| Bank BIC Code | MSSA |
| Country Code | CH (Switzerland) |
| Location Code | ZX |
| Branch Code | XXX |
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.
| Company Number | CHE-105.860.068 |
BANK MORGAN STANLEY AG operated under the brand name Morgan Stanley. This banking brand has presence in the following European countries and selected dependent territories of the European countries:
Morgan Stanley Bank AG (Frankfurt am Main) Morgan Stanley Bank International Limited Niederlassung Deutschland (Frankfurt am Main)
