05:21 AM EDT, 04/28/2025 (MT Newswires) -- (Updates with Morgan Stanley's ( MS ) response in the fourth paragraph.)

Morgan Stanley ( MS ) fired a trading executive following allegations he made inappropriate comments to colleagues, Bloomberg reported Friday, citing people with knowledge of the matter.

Kow Atta-Mensah oversaw the investment bank's global commodities business before he was abruptly let go last month, the report said.

"Mr. Atta-Mensah intends to prosecute his claims aggressively for wrongful termination in court and looks forward to full and complete vindication," Atta-Mensah's attorney John Singer said in a statement, according to Bloomberg.

Morgan Stanley ( MS ) declined to comment. Atta-Mensah's attorney did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)