Morgan Stanley to pay $130 million to California pensions over bad investments

One of the world's largest investment banks has agreed to put $130 million in the nation's biggest public pension system to settle accusations it knowingly sold bad investments. .....»»

Morgan Stanley will pay $150 million to settle charges it misled two large California public pension funds about the risks of mortgage-backed securities they bought in the years leading up to the 2008 global financial crisis......»»

Morgan Stanley will pay $150 million to settle charges it concealed the risk of mortgage-backed securities that were sold to two large California pension funds, the state's attorney general Xavier Becerra announced Thursday......»»

Morgan Stanley will pay $150 million to settle charges it concealed the risk of mortgage-backed securities that were sold to two large California pension funds, the state's attorney general Xavier Becerra announced Thursday......»»

Morgan Stanley will pay $150 million to settle charges it concealed the risk of mortgage-backed securities that were sold to two large California pension funds, the state's attorney general Xavier Becerra announced on Thursday......»»

Elon Musk, one of the country's wealthiest individuals, has taken out $61 million in mortgages on five luxurious mansions in California. Bloomberg reported that the loans, financed through Morgan Stanley (NYSE: MS), are for homes located in the Bel Air n.....»»

E*Trade is an online trading platform owned by Morgan Stanley. It was founded in 1991 and offered online trading through a few internet providers and quickly reached $11 million in revenue in 1994. The company went public in 1996. When it began, E*Trade .....»»

Access to bitcoin funds is limited to clients with "an aggressive risk tolerance" on top of having at least $2 million in asse.....»»

Morgan Stanley analysts say investors should start moving out of early-cycle assets to mid-cycle investments......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Personal Investments Was it a minor violation of a corporate policy or more about inside politics? That is what people familiar with recent changes at Morgan Stanley are asking today in light of the financial service company recently pa.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The top finance stories for February 16 including the latest.....»»

Morgan Stanley investment unit Counterpoint Global is eyeing a $150 million bitcoin investment, Bloomberg News reported on Saturday. Bitcoin .....»»

The bank's analysts expect Tesla to open two new factories by 2030 and reach 5.2 million deliveries by the end of the decade. Tesla Berlin Gigafactory. Odd Andersen/AFP via Getty Images Mo.....»»

Reuters Morgan Stanley will pay a $5 million fine to the Securities and Exchange .....»»

A unit of Morgan Stanley agreed to pay a $5 million fine to settle U.S. Securities and Exchange Commission charges it misled retail investing clients about the costs of a "wrap fee" program, the regulator said on Tuesday......»»

Any rally today will have a fight on its hands against a cascade of fresh dismal data. Initial jobless claims of 5.2 million last week came in a little worse than analysts had expected, and housing starts fell out of bed in March with a 22.3% decline. .....»»

SoftBank on Monday led a new funding round of $165 million in California-based Karius and invested $100 million in New York-headquartered AI company Behavox, as the technology giant builds a portfolio under its second Vision Fund......»»

Morgan Stanley will receive a $375 million breakup fee if E*Trade Financial Corp walks away from its $13 billion deal for the discount brokerage, the U.S. bank said on Friday......»»