Morgan Stanley News

How Mike Lynch’s Luxury Yacht Sank Within Minutes

It was 3 a.m. on Monday and Captain Karsten Börner and his crew were already awake, preparing for an approaching thunderstorm just off the Sicilian coast. Moored behind their schooner was a luxury yacht that carried tech tycoon Mike Lynch …

Morgan Stanley Suit Isn’t About Money, Billionaire Mike Ashley Says

Billionaire Mike Ashley said he brought his lawsuit against Morgan Stanley because he was concerned with how “grotesquely and unfairly” the bank had acted during a margin call rather than the potential damages. The retail tycoon made the comments as …

Morgan Stanley Settles With Indiana Over ISTA Fund

Investment banker Morgan Stanley & Co. has agreed to pay more than $200,000 to the Indiana Securities Division to settle claims it charged excessive fees to the Indiana State Teachers Association Insurance Trust. The Indiana secretary of state’s office says …