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Morgan Stanley on the hire

Morgan Stanley building

Morgan Stanley expects to hire 75 advisers in the U.S. this year to target rich Latin Americans investing in the world’s biggest economy, part of a strategy to focus on the region as other international banks retreat.

C Suisse dragged into Russian client dispute

Russia Flag

Credit Suisse has been dragged into a second criminal complaint brought by two Russian clients who claim that a former manager in the bank’s wealth management unit made unauthorized transactions to cover up trading losses.

Falcone, plotting comeback, says he's trusted

Chocolate Money

One-time high-flying hedge fund manager Phil Falcone, plotting a comeback after a securities industry ban, told CNBC Tuesday he considers his integrity of "utmost importance," and said he's trusted by people who know him.