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Tag Archives: Morgan Stanley

How Much Have Banks Been Fined Since the Crisis?

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

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Morgan Stanley Makes Headway on NY Settlement

Morgan Stanley has now completed 77 percent of its consumer relief obligations per its legal settlement with the State of New York. With the recent approval of nearly $200 million in credit, the organization has now satisfied $309.1 million or the total $400 million it owes. The settlement stems from a 2016 case regarding residential mortgage-backed securities.

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Monitor: Morgan Stanley is on Its Way

An independent monitor declared that Morgan Stanley is off to a "good start' toward fulfilling its consumer relief obligation under the terms of a February 2016 RMBS settlement.

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