Page 5 - Andy Saperstein News Today

At issue is how the bank vets foreigners and the origins of their money before taking them on as customers

The SEC has been pressing Morgan Stanley to improve its processes and controls to prevent wealthy international clients from laundering money.

The regulator is looking into whether the bank has sufficient controls in place to prevent rich foreign customers from laundering money, the Journal’s report added.

The regulator wants to ensure enough is being done to prevent money laundering by international clients.

The Fed is looking into Morgan Stanley’s wealth management arm, to identifying if the firm has adequate controls to prevent money laundering.

Morgan Stanleys wealth management is being scrutinized by the U.S. Federal Reserve, the Wall Street Journal reported on Wednesday citing people familiar with the matter. The regulator...

Morgan Stanley announced today that it has won four Industry Awards from the Money Management Institute and Barron’s, the most of any firm. The awards include a Digital Innovation award for...

For a moment, it seemed that the fourth quarter might give bonuses a boost.

Congratulations, Ted Pick. Not only have you been picked by Morgan Stanley to be the next CEO, you're getting a $20 million bonus. As it turns out, so are the two men Pick...

Mike Mayo says the payouts to three senior leaders suggest governance risk.