William Jennings, a Morgan Stanley (MS) bond underwriting executive, has been placed on leave, according to Pen Pendleton, a spokesman for the New York-based firm.
Jennings was charged with a hate crime stemming from an incident with a cab driver of Middle Eastern descent, according to police in Darien, Connecticut. The driver said Jennings assaulted him with a pen knife and used racial slurs, police said. A lawyer for Jennings said in an interview that the executive was held against his will in a dispute over the fare and feared for his safety.
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