this post was submitted on 12 Apr 2024
37 points (100.0% liked)

Economics

472 readers
91 users here now

founded 2 years ago
37
Regulators want to know more about how Morgan Stanley vets wealthy clients, like a sanctioned billionaire: WSJ (www.businessinsider.com)
submitted 8 months ago by MicroWave to c/economics
0 comments fedilink hide all child comments
 
  • More federal regulators are probing Morgan Stanley to find out how it vets wealthy clients, per The Wall Street Journal.
  • The SEC sent the bank a list of clients with questions about how they were screened, per the report.
  • One client includes a Russian-linked billionaire who was sanctioned by the UK, the Journal reported.
no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here