Morgan Stanley Shares Decline On Reports Of Federal Probe:
Morgan Stanley (MS) shares fell Wednesday on reports federal prosecutors are investigating whether the bank misled investors about mortgage-derivatives deals it helped design and sometimes bet against. Ref. Source 7
Fed flags Morgan Stanley in latest 'stress test' aimed at avoiding a financial crisis
Capital plans from Deutsche Bank Trust and Santander Holdings USA were also challenged by the Federal Reserve in round two of its stress test. Morgan Stanley was the only major U.S. Bank to get singled out. Wednesday's stress test is the second part of an annual review of banks that's required as part of the Dodd-Frank reforms following the financial crisis of 2008 and 2009. Ref. USAToday.