It is an American multinational investment bank and financial services company headquartered at New York City. It is a financial services corporation that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for governments, institutions and individuals. With offices in more than 42 countries and more than 55 000 employees, the firm's clients include corporations, governments, institutions and individuals Morgan Stanley ranked No. 67 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.