A security guard stands inside the Morgan Stanley headquarters in New York ©Bloomberg Morgan Stanley ’s deal to sell an oil trading business to Rosneft , the state-owned Russian oil group, is close to collapse amid the profound chill in relations between Russia and the US. Morgan Stanley said on Friday: “In the current environment there can be no assurance that the transaction will close, especially in light of the existing contractual requirement that all necessary approvals be received by year end.” More On this topic Financials lead charge on day of records Morgan Stanley pays $275m to settle SEC mortgage securities case Investment banking boosts Morgan Stanley Morgan Stanley sells oil distributor IN Banks FCA accuses banks of forex control failure Investcorp chief Kirdar to retire Malaysia lenders take steps to merge NAB blames profit warning on UK troubles “We are continuing to operate the business in the […]