Morgan Stanley's Program For Surplus Cash Is Currently Under Investigation
Regulators are currently investigating Morgan Stanley for transferring investment advisory clients' surplus cash into affiliated bank accounts.
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New Lawsuit Against KKR Over Payout In 2021
A new lawsuit accuses KKR, of paying Kravis and Roberts when they transitioned to their successors in 2021, without any tangible return.
Citigroup Whistleblower Denied Share Of $400 Million Penalty
A federal appeals court said a Citigroup vice president was not entitled to a share of a $400 million civil fine that the bank agreed to pay in 2020.
Musk Launches Offensive Against Advertisers
Elon Musk has launched a significant offensive against advertisers, urging other companies to file lawsuits against those who have boycotted them.
Citigroup’s Trading Division Hit With Fresh Toxic-Culture Claim
Christine O'Reilly is now suing her employer ICAP and Citigroup, alleging she was subjected to years of unwanted sexual attention and threats.
Warren Buffett Could Have A ‘Golden Opportunity’ To Buy If The Market Keeps Tanking
Berkshire Hathaway’s massive stock sale last quarter came at a opportune time as the conglomerate now has an even bigger hoard of cash on hand.
Billionaire Bill Ackman Just Had The Worst Week Ever
Bill Ackman's main hedge fund, Pershing Square Holdings, has seen its gains for the year basically evaporate.
