Morgan Stanley Bankers Exit Over Block-Trading Probe

The video discusses the ongoing federal inquiry into Morgan Stanley's block trading practices, highlighting the tensions and implications for Wall Street. It details the investigation's focus, recent executive departures, and potential risks for Morgan Stanley. The video also explores the broader impact on other financial institutions, drawing parallels to the WhatsApp probe, which emphasized compliance and data retention issues.

What implications does the ongoing investigation have for the broader banking industry, according to the text?

How does the WhatsApp probe relate to the current investigation involving Morgan Stanley?