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(Bloomberg) -- The judge who sentenced Glen Point Capital co-founder Neil Phillips to probation instead of prison for manipulating an exchange rate said leniency was warranted in part because the victim in the case was Morgan Stanley.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.Rivian Gets $5 Billion Lifeline in Joint Venture With Volksw
NEW YORK, June 25, 2024--Investment funds managed by Morgan Stanley Energy Partners, announced today the closing of the sale of Durango Permian LLC ("Durango Permian" or the "Company") to a subsidiary of Kinetik Holdings Inc. ("Kinetik"; NYSE: KNTK). Consideration for the Durango Permian sale includes a combination of cash and equity, including contingent consideration payable upon the successful commissioning of Durango Permian’s Kings Landing Gas Gathering and Processing Development ("Kings La
The 2024 stress test results are due this Wednesday. So, banks - JPMorgan (JPM), Goldman (GS), Morgan Stanley (MS), Bank of America (BAC) and Citizens Financial Group (CFG) - are in the spotlight.