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2012-09-25 — nypost.com
Morgan Stanley yesterday officially laid to rest Smith Barney, the 75-year-old iconic Wall Street brokerage brand.
The investment bank run by CEO James Gorman owns a majority 51 percent share of a joint venture with Citigroup's prominent brokerage firm Smith Barney, which it purchased during the height of the banking crisis.
However, top officials at Morgan Stanley opted to nix the legendary brand in favor of a new name: Morgan Stanley Wealth Management
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