Morgan Stanley Bet That Went Awry Has Junior Trader at Center
(Bloomberg) — The trades at the heart of a probe that’s now rocking Morgan Stanley’s currency desks were bets linked to the Turkish lira managed by a 27-year-old trader. The firm is investigating suspected mismarking of securities to conceal losses of as much as $140 million in a portfolio handled day-to-day by London-based Scott Eisner, a …
News story posted on 2019-11-29T21:58:00.0000000Z
