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Citi Sues Morgan Stanley Wealth Defector Over $636 Million Book

Citigroup Inc. accused a former wealth manager of improperly trying to move client accounts worth $636 million to his new employer, Morgan Stanley. Citi sued Steven I. Taub Thursday in New York state court, alleging he was contacting former clients in violation of a 12-month non-solicitation agreement. According to the suit, Taub, who resigned from […]

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Big First Republic Broker Jumps Ship to Join Morgan Stanley in New York City

A heavy-hitting New York City broker at First Republic Bank Private Wealth Management in New York City has split amid turmoil at its San Francisco parent.  Vishal Bakshi, who had joined First Republic in June last year from Merrill Lynch’s private wealth business, signed with Morgan Stanley on Friday, according to BrokerCheck.  Bakshi had been […]

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