Business Overview
Prior to its merger with Morgan Stanley, Dean Witter Reynolds was a diversified financial services organization that provided a broad range of investment and consumer credit and investment products and services. Dean Witter operated in two lines of business: securities (including investment banking) and credit services and its operations were primarily focused on the U.S.
The following is a summary of the financial results of Dean Witter prior to its merger with Morgan Stanley:
| Year | 1996 | 1995 | 1994 |
|---|---|---|---|
| Revenue | $1,132 | $1,338 | $998 |
| Operating Income | $506 | $788 | $658 |
| Net Income | $951 | $856 | $741 |
| Total assets | $17,344 | $15,507 | - |
| Shareholder's equity | $5,164 | $4,834 | - |
Read more about this topic: Dean Witter Reynolds
Famous quotes containing the word business:
“Art is the beautiful way of doing things. Science is the effective way of doing things. Business is the economic way of doing things.”
—Elbert Hubbard (1856–1915)
Related Phrases
Related Words