Morgan Stanley's Investment Banking Program in Budapest Hit by US Probe, WSJ Reports
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7 Articles
The American financial regulator, the Financial Industry Regulatory Authority (FINRA), has launched an investigation into the investment banking analyst program of a well-known financial institution registered in the United States, writes Világgazdaság based on information from The Wall Street Journal.
The US financial watchdog has launched an investigation due to suspicions of serious irregularities.
International scandal in Morgan Stanley's Budapest office: US regulatory investigation launched - The US financial regulator has launched an investigation due to suspicions of serious irregularities.
The strict regulations were not adhered to in practice, and Budapest workers were working for a third of Western wages.
Morgan Stanley's investment banking programme in Budapest hit by US probe, WSJ reports
MEXICO CITY (May 4): The US Financial Industry Regulatory Authority (Finra) has opened an inquiry looking into unlicensed junior investment bankers at Morgan Stanley in Hungary who are working on deals for clients in the US and Europe, the Wall Street Journal reported on Monday.
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