Legal

Ex-Morgan Stanley diversity officer says bank cut her budget by 71%

A lawyer representing a former Morgan Stanley  diversity officer who is suing the bank over racial discrimination said on Wednesday the bank cut her client's budget for promoting diversity and financial education by 71 percent from the time she started in wealth management to 2019.

Insider-trading investigation against Kelly Loeffler dismissed

The U.S. Senate Ethics Committee has cleared Senator Kelly Loeffler of wrongdoing in connection with stock trades, her office said on Wednesday, after the wealthy Republican - who is in a tough election race - was criticized over share sales during the coronavirus outbreak.