Saeed Ahmad alleged he was demoted after he conducted audits and told superiors about the risks the bank was taking and what he saw as a lack of adequate controls.
Tagged with: Morgan Stanley whistleblower
Read More »Saeed Ahmad alleged he was demoted after he conducted audits and told superiors about the risks the bank was taking and what he saw as a lack of adequate controls.
Tagged with: Morgan Stanley whistleblower
Read More »Here’s a little secret the Federal Reserve Board doesn’t want you to know. On Sept. 24, 2008, while financial markets were collapsing, Morgan Stanley borrowed $3.5 billion through the Fed’s oldest lending program, the 98-year-old discount window.
Tagged with: Morgan Stanley
Read More »Financial firm Morgan Stanley bought back $103 million worth of auction-rate securities from Missouri investors, the Secretary of State’s Office said Wednesday. The firm also paid $216,552 to the Missouri Investor Education and Protection Fund. The amount constitutes Missouri’s share ...
Tagged with: illiquid auction-rate securities Investment Professionals Inc. Morgan Stanley Robin Carnahan
Read More »Lawyers for investors who won a $586 million settlement from banks such as Morgan Stanley and Credit Suisse Group in a lawsuit over initial public offerings of technology stocks want $245 million for themselves. The plaintiffs’ lawyers are seeking $195 ...
Tagged with: Credit Suisse Group Goldman Sachs Melvyn Weiss Morgan Stanley
Read More »McGraw-Hill Cos. Chief Executive Officer Terry McGraw said stock investors had a “tremendous misunderstanding” of a court judgment last week. U.S. District Judge Shira Scheindlin in New York rejected ratings companies’ arguments that investors can’t sue over deceptive rankings of ...
Tagged with: McGraw-Hill Cos. Moody's Investors Service Morgan Stanley Standard & Poor's
Read More »Citigroup Inc., JPMorgan Chase & Co., Bank of America Corp., Morgan Stanley and Wells Fargo & Co. agreed to suspend foreclosures while the Obama administration crafts a housing plan to modify mortgages for troubled borrowers. Citigroup will halt foreclosures through ...
Tagged with: Bank of America Corp. Barack Obama Barney Frank Citigroup Inc. foreclosure housing plan Jamie Dimon JPMorgan Chase & Co. Morgan Stanley mortgage Timothy Geithner Troubled Asset Relief Program Wells Fargo & Co.
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