Morgan Stanley’s head of foreign exchange trading testified at the fraud trial of a hedge fund co-founder accused of manipulating the market to trigger a “barrier” option sold by the bank, saying it prohibits such conduct among its own traders.
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Morgan Stanley profit shrinks as deal slump lingersMarket News
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Morgan Stanley profit shrinks as deal slump lingersProfit for the three months ended Sept. 30 was $2.4 billion, or $1.38 per diluted share, the bank reported on Wednesday. Morgan Stanley's total revenue from...
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Morgan Stanley profit shrinks in third quarter as deal slump lingersProfit for the three months ended Sept. 30 was $2.4-billion, or $1.38 per diluted share, Morgan Stanley reported on Wednesday
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Morgan Stanley profit shrinks as deal slump lingersExplore stories from Atlantic Canada.
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Morgan Stanley's profit drops on Wall Street slowdownInvestment banking and trading fell at Morgan Stanley, demonstrating the many challenges still roiling Wall Street.
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Glen Point Trial Reveals Morgan Stanley Tried To Buy Back OptionA week before Glen Point Capital co-founder Neil Phillips allegedly manipulated the foreign exchange markets to trigger a $20 million option, Morgan Stanley offered to buy the option back for $13 million, a witness testified on the first day of the former hedge fund executive’s fraud trial.
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