OCC Assesses $60 Million Civil Money Penalty Against Morgan Stanley

News Release 2020-134 | October 8, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today assessed a $60 million civil money penalty against Morgan Stanley Bank, N.A., and Morgan Stanley Private Bank, N.A. (“the banks”) The OCC took these actions based on the banks’ failure to exercise proper oversight of the […]