A whopping 24% of Morgan Stanley international wealth-management accounts were labeled by the company as being high risk for ...

Many of Morgan Stanley’s high-net-worth clients’ assets were flagged as being at high risk for money laundering. A recent investigation by the Wall Street Journal uncovered the wealth ...

Morgan Stanley's wealth-management division is under investigation by multiple government agencies due to its weak anti-money-laundering controls and improperly vetting international clients ...

The OCC also got in touch with Morgan Stanley about some issues with how they check their customers, after looking into their anti-money laundering measures. These investigations also involve E ...

Amid its aggressive global push, lax procedures at the firm led to one-fourth of international accounts being flagged as high ...

The document itself reportedly acknowledged "weak" anti-money-laundering controls due to "longstanding issues globally" with ...

Morgan Stanley’s (MS ... crucial source of profits but has also seen a high number of accounts used for money laundering funds, AnnaMaria Andriotis of The Wall Street Journal reports.

Internal company documents describe the bank’s weak anti-money-laundering controls and failure to complete due-diligence ...

Morgan Stanley’s (MS) wealth-management division represents close to half of the company’s total revenue and has been a crucial source of ...

Morgan Stanley's own risk team found in early 2022 that 60% of international accounts its advisors were trying to open had missing documents, overstated income and other errors, the Journal wrote.