Morgan Stanley Asks to Pull Cash From Jefferies’ Point Bonita

Morgan Stanley Asks to Pull Cash From Jefferies’ Point Bonita



Morgan Stanley Asks to Pull Cash From Jefferies’ Point Bonita
Morgan Stanley’s asset-management business asked to redeem some money it invested in a Jefferies Financial Group Inc. fund with large exposure to the trade debt of bankrupt auto-parts supplier First Brands Group, according to people familiar with the matter.


www.bloomberg.com
#Morgan #Stanley #Asks #Pull #Cash #Jefferies #Point #Bonita

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *