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Morgan Stanley's Wealth Management Arm Draws Fed Scrutiny - Bloomberg
11/9/23 at 5:00am
Organization
Bloomberg
Authors
Sridhar Natarajan
Katanga Johnson
38 words
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The Federal Reserve is scrutinizing whether Morgan Stanley’s wealth management business is taking adequate measures to prevent potential money laundering by wealthy clients from outside the US.
Finance
Business & Industrial
Morgan Stanley
Wealth Management Arm Draws Fed Scrutiny
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https://www.bloomberg.com/news/articles/2023-11-08/morgan-stanley-wealth-business-scrutinized-by-fed-wsj-says
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