Morgan Stanley Asia Deals Leaked in Missent Email Attachment
The list covered more than 100 deals and included price-sensitive details on securities issues backed by private capital and pension funds, Bloomberg News reported.
- This week, a Morgan Stanley employee accidentally emailed an internal list of more than 100 investment banking deals in Asia, exposing confidential pipeline details about potential transactions.
- Mohamed Atmani, a Hong Kong-based managing director, intended to send a client-facing file but mistakenly attached the internal version containing extensive price-sensitive information.
- The document primarily covered prospective IPOs in China, South Korea, and India, along with information about private equity and pension funds backing those companies.
- After Atmani unsuccessfully attempted to recall the message, the New York-based Morgan Stanley stated it took immediate steps to address the breach and engage with stakeholders.
- This incident illustrates the potential risks of accidental disclosure as financial institutions handle large volumes of confidential client information electronically, a recurring issue across the industry.
39 Articles
39 Articles
A Morgan Stanley employee accidentally emailed a confidential internal trade list containing details of more than 100 Asian investment banking transactions to clients. The bank has since been working to mitigate the damage, while regulators in at least two countries have begun investigating, Bloomberg reported.
Channel News Asia
Morgan Stanley Asia deals leaked in missent email attachment
HONG KONG: A senior Morgan Stanley banker covering financial sponsors in Asia accidentally leaked their deal pipeline in an email sent to clients, according to six people with knowledge of the matter.The banker attached the financial sponsors group's deal pipeline by mistake in a weekly update email he sent t
Morgan Stanley Internal Document Leak Reveals Over 100 Potential Deals Across Asia
Morgan Stanley accidentally leaked an internal document listing more than 100 potential investment-banking deals across Asia, including IPO candidates in China, South Korea and India, raising questions over client confidentiality and data-security practices. Morgan Stanley Internal Document Leak Reveals Over 100 Potential Deals Across Asia.
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