OCC fines Morgan Stanley $60 million for 2016 data breach
The regulator found that the financial services company failed to take precautions in disposing of hardware that contained sensitive customer information. ... Read full article
News Topic: Morgan Stanley Wealth Management
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Morgan Stanley launches ‘a modern alternative to banking’
The investment bank's new CashPlus Account comes with a mobile banking app, a debit card, online bill payment and other banklike features. ... Read full article
Morgan Stanley data chief can relate to veterans' struggles
Jeff McMillan at Morgan Stanley shares stories of readjusting to civilian life and how he and his company help other veterans. ... Read full article
Morgan Stanley focuses on data quality to strengthen AI
The bank is one of many to realize that artificial intelligence is only as good as the data fed into it. ... Read full article
FINRA fines Morgan Stanley $10M for anti-money-laundering failures
The alleged supervisory lapses occurred over a five-year period, according to the regulator. ... Read full article
Morgan Stanley training hundreds of digital-first advisers
They will be deployed to the branches and teach veteran brokers how to make use of the firm's new high-tech wealth management tools, the company says. ... Read full article
AI is augmenting Morgan Stanley’s advisers — not replacing them
Convinced that clients want as much human interaction as ever, the Wall Street firm is using machine learning to help its financial advisers stay informed and work efficiently. ... Read full article