Fed probes Morgan Stanley over concerns over international wealth management

The Federal Reserve is investigating how Morgan Stanley's wealth division (MS) has been vetting foreign clients, according to a report from The Wall Street Journal. According to the report, the Fed wants to ensure the proper controls in place to make sure there isn't money laundering occurring. Yahoo Finance has reached out to Morgan Stanley for comment. Yahoo Finance Live breaks down the report.
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Видео Fed probes Morgan Stanley over concerns over international wealth management канала Yahoo Finance