摩根士丹利

Morgan Stanley ‘approved' Citic trades by accused banker

Morgan Stanley compliance officers approved the trades of investment banker Du Jun, who is at the centre of Hong Kong's highest profile insider dealing trial, a court in the territory heard yesterday.

In February 2007 Samantha Ng, a former Morgan Stanley compliance manager, signed off on an application by Mr Du to buy shares in Citic Resources, a unit of China's largest investment conglomerate, after, she said, she confused it with sister company Citic Pacific.

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