CNBC·3 min read·medium

Clients said to stay with Morgan Stanley even after leaked pipeline

J
Jenny Lee
Clients said to stay with Morgan Stanley even after leaked pipeline
✦AI Summary

Morgan Stanley clients are reportedly maintaining their mandates with the bank despite an accidental leak of confidential deal pipeline information. Industry sources suggest the incident is unlikely to cause long-term damage to the bank's reputation or client relationships.

Why it matters

The incident highlights the risks of data security in high-stakes investment banking and the resilience of established client-bank relationships.

✦Dive DeeperCreate a free account to unlock

Morgan Stanley's accidental disclosure of confidential information about its Asia deal pipeline has raised questions over the potential impact on its client relationships.

The disclosure may have carried competitive implications, but that does not necessarily mean Morgan Stanley will lose mandates as a result, according to people familiar with the matter, raising questions over how much lasting damage it could do to the bank's dealmaking business.

For instance, one buy-side source currently working with Morgan Stanley on deals said their firm isn't reconsidering its mandates with the bank.

The source did not expect the leak to have a significant impact, saying many of the deals disclosed were already widely known in the industry.

Another source, whose company is currently working with Morgan Stanley on a capital raise, said the company had no plans to reconsider the mandate over the incident and that the matter had generated little attention.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomy
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in