Morgan Stanley Bet That Went Awry Has Junior Trader at Center
A Morgan Stanley logo hangs above the entrance to a retail brokerage in New York. (Photographer: Daniel Acker/Bloomberg News)

Morgan Stanley Bet That Went Awry Has Junior Trader at Center

(Bloomberg) -- The trades at the heart of a probe that’s now rocking Morgan Stanley’s currency desks were bets linked to the Turkish lira managed by a 27-year-old trader.
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