EXHIBIT 21
Subsidiaries of Morgan Stanley*
As of December 31, 2018
* Pursuant to Item 601(b)(21)(ii) of Regulation S-K, the names of certain other subsidiaries of Morgan Stanley are omitted because, considered in the aggregate as a single subsidiary, they would not constitute a “significant subsidiary” as that term is defined in Rule 1-02(w) of Regulation S-X under the Securities Exchange Act of 1934.
| Company | Jurisdiction of Incorporation or Formation | |
| Morgan Stanley |
Delaware | |
| Morgan Stanley International Incorporated |
Delaware | |
| Morgan Stanley International Finance S. A. |
Luxembourg | |
| Morgan Stanley Principal Funding, Inc. |
Delaware | |
| Morgan Stanley Senior Funding, Inc. |
Delaware | |
| Morgan Stanley Hedging Co. Ltd. |
Cayman Islands | |
| MS 10020, Inc. |
Delaware | |
| Morgan Stanley Fixed Income Ventures Inc. |
Delaware | |
| Morgan Stanley Strategic Investments, Inc. |
Delaware | |
| Morgan Stanley Capital Management, LLC |
Delaware | |
| Morgan Stanley Capital Group Inc. |
Delaware | |
| Morgan Stanley Investment Management Inc. |
Delaware | |
| Morgan Stanley Domestic Holdings, Inc. |
Delaware | |
| Morgan Stanley Services Holdings LLC |
Delaware | |
| Morgan Stanley Services Group Inc. |
Delaware | |
| MS Financing LLC |
Delaware | |
| Morgan Stanley Smith Barney FA Notes Holdings LLC |
Delaware | |
| Morgan Stanley Smith Barney LLC |
Delaware | |
| Morgan Stanley & Co. LLC |
Delaware | |
| Prime Dealer Services Corp. |
Delaware | |
| Morgan Stanley Capital Services LLC |
Delaware | |
| Morgan Stanley Delta Holdings LLC |
New York | |
| Morgan Stanley Bank, N.A. |
Federal Charter | |
| Morgan Stanley Private Bank, National Association |
Federal Charter | |
| Morgan Stanley International Holdings Inc. |
Delaware | |
| Morgan Stanley Asia Holdings Limited |
Cayman Islands | |
| Morgan Stanley Asia Regional (Holdings) III LLC |
Cayman Islands | |
| Morgan Stanley (Singapore) Holdings Pte. Ltd. |
Singapore | |
| Morgan Stanley Asia (Singapore) Pte. |
Singapore | |
| Morgan Stanley (Hong Kong) Holdings Limited |
Hong Kong | |
| Morgan Stanley Hong Kong 1238 Limited |
Hong Kong | |
| Morgan Stanley Asia Limited |
Hong Kong | |
| MSJL Holdings Limited |
Cayman Islands | |
| Morgan Stanley Japan Holdings Co., Ltd. |
Japan | |
| Morgan Stanley MUFG Securities Co., Ltd. |
Japan | |
| Morgan Stanley International Limited |
United Kingdom | |
| Morgan Stanley France Holdings I S.A.S. |
France | |
| Morgan Stanley France S.A. |
France | |
| Morgan Stanley UK Limited |
United Kingdom | |
| Morgan Stanley Investments (UK) |
United Kingdom | |
| Morgan Stanley Bank International Limited |
United Kingdom | |
| Morgan Stanley Investment Management Limited |
United Kingdom | |
| Morgan Stanley & Co. International plc |
United Kingdom | |
| MSL Incorporated |
Delaware | |
| Morgan Stanley Uruguay Ltda. |
Uruguay |