Tag: Morgan Stanley (NYSE:MS)

Goldman Sachs and Morgan Stanley go live with IBM-powered CLSNet
November 28, 2018 BY Valentina Kirilova

Goldman Sachs and Morgan Stanley go live with IBM-powered CLSNet

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just announced that CLSNet is now live with investment bank Goldman Sachs (NYSE:GS) and US based investment banking giant Morgan Stanley (NYSE:MS). Six additional members from North America, Europe and Asia, including Bank of China (Hong Kong) will join…

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September 20, 2018 BY Valentina Kirilova

Clock ticking for banks on fintech disruption: Morgan Stanley

Banks need to get their IT investment priorities in order now given the rising risk of fintech disruption, according to analysts at US based investment banking giant Morgan Stanley (NYSE:MS). The clock is ticking for banks, with new entrants able to provide banking services up to 50% cheaper, in part thanks to legacy-free IT,” Morgan Stanley's…

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June 12, 2018 BY LeapRate Staff

Exclusive: Morgan Stanley sells 6% stake in Plus500 as shares soar

LeapRate Exclusive... LeapRate has learned via regulatory filings that US based investment banking giant Morgan Stanley (NYSE:MS) has cut its long-held position in FCA regulated CFD broker Plus500 Ltd (LON:PLUS) from 6% to under 3%. Morgan Stanley has been a long-term shareholder in Plus500, with its position in the company hovering at around 6% for…

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Ally Financial management
November 21, 2017 BY LeapRate Staff

Morgan Stanley veteran Josh Wilsusen joins Ally Financial as MD Public Policy and Government Affairs

Online trading and banking company Ally Financial Inc (NYSE: ALLY) has announced that Josh Wilsusen has joined the company as Managing Director for Public Policy and Government Affairs. As head of the company's Washington office, Wilsusen will oversee its public-policy strategy and direct its advocacy and outreach to executive, legislative, and other political bodies and officials…

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CFTC offices
November 03, 2017 BY LeapRate Staff

Morgan Stanley hit with CFTC fine for Futures and Options trade reporting

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against the Morgan Stanley and Co. Incorporated unit of Morgan Stanley (NYSE:MS), a registered Futures Commission Merchant (FCM), for non-compliance with applicable rules governing Part 17 Large Trader reports to the CFTC spanning a ten-year period and affecting thousands…

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Morgan Stanley fine
September 25, 2017 BY LeapRate Staff

Morgan Stanley hit with $13 million FINRA fine for short term sales of UITs

The U.S. Financial Industry Regulatory Authority (FINRA) has announced that it has fined the Morgan Stanley Smith Barney LLC unit of global investment bank Morgan Stanley (NYSE:MS) $3.25 million and required the firm to pay approximately $9.78 million in restitution to more than 3,000 affected customers for failing to supervise its representatives’ short-term trades of…

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September 04, 2017 BY LeapRate Staff

SafeCharge names former Adyen exec Delphine Bos as VP Marketing, ex Berenberg Bank analyst Jean Beaubois for IR

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it has appointed Delphine Bos as VP Marketing and Jean Beaubois as Head of Investor Relations, with immediate effect. The company also confirmed that Tsach Einav has been appointed as Group Chief Financial Officer effective from September 1, 2017, which we had reported back in…

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FINRA's 2018 volume tops 2017 activity by 87%
June 02, 2017 BY LeapRate Staff

FINRA bars Morgan Stanley rep who hid bond trades to skirt AML rules

U.S. Securities industry regulator Financial Industry Regulatory Authority (FINRA) announced today that it has barred former Morgan Stanley Smith Barney registered representative John Batista Bocchino for concealing approximately $190 million in Venezuelan bond trades from the firm, which had restricted such trading due to the regulatory, anti-money laundering and reputational risks it posed. Instead, Bocchino…

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