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Wall Street Legends No 27 - Benjamin Edwards

Benjamin Edwards

Benjamin Franklin Edwards III was a stockbroker who expanded A. G. Edwards, a brokerage firm founded by his great-grandfather, from a regional firm to a nationwide stockbroking powerhouse, building it into the largest American brokerage firm headquartered outside of New York City.

Morgan Stanley - Moving The Needle

Morgan Stanley HQ

Morgan Stanley posted a profit of $968m in the first-quarter, after trading revenues almost tripled from the fourth-quarter, although earnings fell 45% compared to Q1 2010. The firm also took a bath from its 40% ownership in Mitsubishi UFJ Morgan Stanley, which lost $1.54bn in its last quarter due to trading losses.