Morgan Stanley Drops on Report of US Probes Into Wealth Unit

(Bloomberg) -- Morgan Stanley shares fell the most in five months after a report that a cadre of US regulators are scrutinizing the firm’s efforts to prevent potential money laundering by wealthy clients.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointUS Slams Strikes on Russia

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