Morgan Stanley to defend allegations of racial bias.
BANKING AND CREDIT NEWS-June 18, 2020--Morgan Stanley to defend allegations of racial bias
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Global Banking News - 18 June 2020
Morgan Stanley (NYSE: MS) has said that it will contest allegations of racial bias raised against it, pionline has reported.
A lawsuit filed by its former head of diversity has alleged that the firm was guilty of 'systemic racial discrimination.' The suit was filed by Marilyn Booker, who joined the firm in 1994 and served as its first global head of diversity for 16 years.
The lawsuit was filed...
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