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Morgan Stanley Under Fire Over Loan Pressure | US News
Morgan Stanley’s private bank is under fire after whistleblowers allege employees were pressured to approve risky mortgage loans for wealthy clients — even when occupancy status was misrepresented — with performance and bonuses allegedly tied to approvals. The bank denies wrongdoing, insisting it follows strict underwriting standards and points to its strong loan portfolio, but a former employee has filed a formal complaint adding fuel to the controversy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…
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