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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. For 20 years, he ran Morgan Stanley until he left the firm in 1955.
- American
- Harold Stanley, October 2, 1885, Great Barrington, Massachusetts
- Businessman
- Morgan Stanley
Harold Stanley. Co-founder Harold Stanley led the New York campaign to raise $1.5 million for the U.S. Committee for the Care of European Children, giving relief to young war refugees. Robert Baldwin. Numerous veterans joined the firm after World War II, including Robert Baldwin, who went on to become president and chairman of Morgan Stanley.
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.
Morgan, Stanley and Company1935–1955. 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.
A Porch Meeting Leads to the Creation of Morgan Stanley. In August 1935, five men boarded a train bound for Maine with a mission. Four were partners of J.P. Morgan & Co: George P. Whitney, Russell Leffingwell, S. Parker Gilbert, Sr. and Harold Stanley. With them was their lawyer, Lansing Reed. Each carried a memorandum titled “Proposed ...
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The Founding. Along with co-founders Henry S. Morgan and Harold R. Stanley, the firm launched with a staff of 13 and four other officers: William Ewing, Perry E. Hall, Edward H. York, Jr. and John M. Young. One week after its launch, Morgan Stanley made its debut in the bond market with a $19 million offering for Consumers Power Company.
The creation of Morgan Stanley brought together two leaders with different styles and strengths: Henry Morgan and Harold Stanley. As the 34-year-old grandson of John Pierpont Morgan Sr., Henry Morgan signaled the cultural ties to J.P. Morgan & Co. Harold Stanley, meanwhile, had already built an impressive reputation on Wall Street as an expert in utility finance who had built and led the ...
