[3][4] Murphy began his career at Goldman Sachs (1985–1990) then joined Morgan Stanley as a managing director in the Financial Institutions Group (1990–2000).
After ten years at Morgan Stanley he moved to London where he led the Financial Institutions Group at Deutsche Bank (2001–2005) and then at Credit Suisse (2005–2007).
While there, he led many successful investments, including help organize the firm's activist push to break up American International Group.
[6] Murphy owned a 19th-century, 11,550-square-foot home in New York that he purchased in 2007 for $33 million, a record price at the time, from Seagram heir Matthew Bronfman.
[1] Murphy died on Monday March 27, 2017 at the age of 56 after falling, dressed in a suit,[7] from the 24th floor of the Sofitel Hotel in midtown Manhattan.