Lavish Spending and Stolen Funds, Former Advisor Charged With Civil Fraud
SEC filed civil fraud charges against Jesus Rodriguez former advisor Morgan Stanley. He is accused of over 250 unauthorized disbursements.
Recent
Managers’ Latest Complaints About Gen Z: They Lack Soft Skills and Have Unrealistic Workplace Expectations
82% percent of managers—among the Harris Poll’s pool of 1,200 knowledge workers—said Gen Z hires’ soft skills need more guidance, time, and training.
British Billionaire Joe Lewis Pleads Guilty to US Insider Trading Charges
British billionaire pleaded guilty to U.S. insider trading charges after being accused of scheme prosecutors said designed to enrich friends & assoc.
SEC Probes B. Riley Deals With Client Tied to Failed Fund
US authorities are investigating B. Riley Financial Inc.’s deals with a key client who was linked to a securities fraud.
Bank CEOs, Huddled in Private in Davos, Worry About Competition, Economy - Sources
Bank CEOs meeting in private at World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private lenders.
JPMorgan Chase, Consented to a Settlement of $18 Million
JPMorgan Securities consented to $18M settlement to address claims hindered retail clients from reaching out to SEC regarding securities law breaches.
Blackstone, Oaktree Burned by Morgan Stanley’s Block-Trade Leaks
In March 2019 Blackstone executive emailed Morgan Stanley’s Pawan Passi seeking help to exit investing giant’s most lucrative real estate bets ever.
