- A Morgan Stanley employee in Hong Kong sent an email with an attached file listing more than 100 deals in the pipeline, including IPOs, private equity arrangements and pension fund positions across Greater China, India, South Korea, Australia and South Asia.
- The deal list named companies and institutional investors involved in pitches, ongoing discussions and on-hold projects, and was widely circulated in the financial sector despite a follow-up email asking recipients not to open the file.
- Morgan Stanley says it promptly took steps to address the inadvertent sharing and is engaged with relevant parties.
Quotes
“promptly took steps to address this inadvertent sharing of information”