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Morgan Stanley people news

Morgan Stanley HQ

Morgan Stanley senior investment banker Scott Matlock is retiring from the firm, according to a person with direct knowledge of the situation.

BofA dismisses bonus claims

Bank Of America Building

Sunny Tadjudin’s allegation that her manager at Bank of America transferred a losing position to her to increase his bonus is 'complete nonsense,' the bank’s lawyer said.



Hedge Fund

BofA starts program for hedge fund start-ups

Bank of America’s Merrill Lynch unit plans to sign up five Asian hedge-fund start-ups a year as part of its emerging manager program that gives them exclusive access to the bank’s resources, usually reserved for managers of billions of dollars.