latest news in regulatory probe

Whistleblower Sparks U.S. Investigation Into Morgan Stanley's Offshore Banking Hub

Whistleblower Sparks U.S. Investigation Into Morgan Stanley's Offshore Banking Hub

Budapest, Tuesday, 5 May 2026.
U.S. regulators are investigating Morgan Stanley after a whistleblower alleged the bank used unlicensed, low-paid offshore staff in Budapest to handle confidential Wall Street transactions.