Morgan Stanley Ousts FX Traders as It Probes Concealed Loss
By Stefania Spezzati, Donal Griffin, and Viren VaghelaNovember 28, 2019, 10:36 AM CST Updated on November 29, 2019, 2:35 AM CST Morgan Stanley fired or placed on leave at least four traders over an alleged mismarking of securities that concealed losses of between $100 million and $140 million, according to people with knowledge of the matter. The firm is investigating the suspected mismarking, which…
