The win for Morgan Stanley comes after a recent string of victories against brokers who left for rival firms. But as the outcome in the JPMorgan case shows, firms don't always prevail.

Morgan Stanley’s wealth management business is facing fresh scrutiny over its anti-money-laundering policies, The Wall Street Journal reports.

The Financial Industry Regulatory Authority, known as Finra, is investigating Morgan Stanley (NYSE:MS) to see if the bank is properly assessing its clients for money laundering risks, according to a ...

FINRA, a non-governmental self-regulatory organisation that oversees U.S. broker-dealers under federal law, is seeking information on U.S. and international clients across Morgan Stanley's wealth ...

Morgan Stanley received at least six requests from Finra for large amounts of data, including one in recent weeks, the WSJ said. This article was provided by Bloomberg News.

The Wall Street firm is being investigated over whether it properly vetted its clients for money-laundering risks.

Morgan Stanley CEO Ted Pick told investors on Tuesday he expected the Wall Street bank to have a strong end to the quarter after U.S. tariff announcements paused activity in April.