IB advisor now sentenced 12 years in prison for fraud, buys Lamborghini
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A former advisor sentenced 12 years in prison highlights the consequences of financial fraud and the need for oversight.
SEC Charges Morgan Stanley For Failure To Prevent Theft of Investor Funds
The SEC has taken action against Morgan Stanley Smith Barney LLC (MSSB) for not doing enough to supervise its financial advisors, who stole millions of dollars from clients.
Crisis: US Banks Are Now Cutting 3,000 Roles Globally
US banks are now cutting 3,000 roles globally across most of its key divisions. JPMorgan Chase, Morgan Stanley, and more. Banking news.
Hundreds of Bank Employees Are Being Let Go Quick
Hundreds of Silicon Valley bank employees are being let go quick. Morgan Stanley, Citigroup, Goldman Sachs join the bandwagon.
Morgan Stanley CEO Steps Down in Middle of Banking Meltdown
Morgan Stanley (NYSE:MS) CEO James Gorman said on Friday he plans to step down as CEO this year. Here's today's banking news.
