Bloomberg Television published this video item, entitled “Morgan Stanley to Settle Block Trading Probe for Under $300 Million” – below is their description.
Morgan Stanley is close to an agreement to pay $200 million to $300 million to resolve a yearslong US investigation into its employees’ handling of stock sales big enough to move markets, a probe that rattled major clients and reverberated across the industry. The deal is expected to be finalized in the coming days. Bloomberg’s Sonali Basak reports.
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en
Bloomberg Television YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
