Credit Suisse Rats On Morgan Stanley & Goldman In Federal "Block Trading" Probe Last night, we reported that for the first time, Morgan Stanley acknowledged its involvement in the SEC/DoJ "block trading" investigation that has been discussed in the financial press these past few weeks. But while Morgan Stanley looks set to take the fall for whatever misbehavior federal prosecutors manage to uncover, it looks like an interloper - Swiss giant Credit Suisse, which has been bogged down by plenty of its own legal issues as of lately - is reportedly trying to help the Feds build a case. We''re sure their rivals appreciate it. Credit Suisse Group AG, saddled with billions of dollars in losses from the collapse of Archegos Capital Management last year, is trying to help the U.S. Justice Department potentially build a case related to block trading against rivals Morgan Stanley and Goldman Sachs Group Inc. The Swiss firm’s push to provide assistance apparently goes beyond banks’ routine cooperation with requests for information, according to people familiar with the matter, who asked not to be identified discussing confidential deliberations.

MS or TW: Which Is the Better Value Stock Right Now?

04:40pm, Friday, 25'th Feb 2022 Zacks Investment Research
MS vs. TW: Which Stock Is the Better Value Option?

Morgan Stanley''s China Plans Hit by Block-Trading Probe

04:03pm, Friday, 25'th Feb 2022 The Wall Street Journal
Morgan Stanley’s plans to expand control of its brokerage and fund management businesses in China are encountering reverberations from a U.S. investigation into block trading.
Jim Cramer and Jeff Marks break down recent market movements reflecting Russia-Ukraine developments. They explain why they sold some Chevron shares and bought growth stocks including Qualcomm, Morgan Stanley, Eli Lilly, Wells Fargo, and Bausch Health. They also take a deep dive into why they''re watching PayPal, Google, and Linde.
LOS ANGELES, Feb. 25, 2022 /PRNewswire/ -- National investment fraud lawyers KlaymanToskes continues to pursue its investigation of Darryl Cohen, who was a broker in Morgan Stanley''s (NYSE: MS) Global Sports and Entertainment division in Westlake Village, California. According to…
SCOTTSDALE, Ariz., Feb. 25, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today announced that CFO Tony Trunzo is scheduled to…
SAN ANTONIO, /PRNewswire/ --Feb. 25, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Scott Wells, CEO of Clear Channel Outdoor Holdings, Inc., is scheduled to participate in a question and answer session at the Morgan Stanley Technology, Media…
Morgan Stanley says in a filing that since June 2019 it has been responding to requests for information from the Securities and Exchange Commission.
Morgan Stanley Finally Acknowledges DoJ "Block Trading" Probe Given the wealth of information that has already been leaked (likely by the DoJ & SEC) about the "block trading" investigation, Morgan Stanley''s official disclosure of the investigation in its Annual Report (released Thursday) seemed almost comically brief. For instance, the Street already knows the name of the top Morgan Stanley banker involved: Pawan Passi, once the head of the bank''s equity syndicate desk - he has supposedly been "on leave" from the bank since November. That was reported by Bloomberg, and both BBG and WSJ have reported a the names of some of the other bankers involved, as well as some of the key buy-side clients (including one Citadel-controlled fund). They include: Andrew Liebeskind at Citadel’s Surveyor Capital and Jon Dorfman at Element Capital Management. Felipe Portillo, a risk executive within Credit Suisse’s equity capital markets group, Michael Daum, a partner at Goldman and Michael Lewis, the head of US equities cash trading at Barclays (and a former Morgan Stanley banker until 2018).
Morgan Stanley discloses investigation into block trading business

Morgan Stanley discloses investigation into block trading business

11:41pm, Thursday, 24'th Feb 2022 National Post
Morgan Stanley said on Thursday U.S. regulators and prosecutors were probing various aspects of the investment bank’s block trading business. The disclosure in a regulatory filing follows reports that the U.S. Securities and Exchange Commission (SEC) is probing whether financial executives may have broken rules by tipping off hedge funds ahead of large sales of […]

Morgan Stanley discloses DOJ investigation on block trading

10:50pm, Thursday, 24'th Feb 2022 Seeking Alpha
Morgan Stanley (MS) said the Department of Justice has requested information regarding its block trading business, according to its 10-K annual filing.The company said that beginning…

Morgan Stanley (MS) Stock Sinks As Market Gains: What You Should Know

10:45pm, Thursday, 24'th Feb 2022 Zacks Investment Research
Morgan Stanley (MS) closed at $91.81 in the latest trading session, marking a -1.86% move from the prior day.

Morgan Stanley confirms probes into block trading

10:38pm, Thursday, 24'th Feb 2022 MarketWatch
Morgan Stanley confirmed late Thursday that federal investigators are probing its block-trading business. Morgan Stanley has been responding to requests for information from the U.S. Securities and Exchange Commission beginning in June 2019, the investment bank said in a filing. It has also been responding to requests for information from the U.S. Attorney''s Office for the Southern District of New York over the same matter starting in August 2021, Morgan Stanley said in the filing. Citing people familiar with the investigations, the Wall Street Journal reported last week that regulators are looking into several Wall Street banks, including Morgan Stanley, to determine whether bankers improperly have tipped hedge-fund clients ahead of large share sales. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

L Catterton Hires Goldman, Morgan Stanley for Possible Summer IPO

08:56pm, Thursday, 24'th Feb 2022 The Wall Street Journal
Bernard Arnault-backed private-equity firm could be valued at $3 billion, according to people familiar with the matter.
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