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Morgan Stanley Banker Arrested for Violent Hate Crime

A Morgan Stanley investment banker was arrested Wednesday in Connecticut in connection with the stabbing of a taxi driver last December.

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William Bryan Jennings, co-head of North American fixed-income capital markets at Morgan Stanley, was charged with second-degree assault, larceny, and intimidation by bias or bigotry. The charges stem from a dispute with a taxi driver during a trip from Manhattan to Jennings’ home in Darien, Connecticut on December 22.

According to the driver, upon arrival at his home, Jennings refused to pay the agreed $204 fare. The driver then said he began driving around to locate a police station, at which point the inebriated Jennings began attempting to stab him through the cab’s partition. When the driver attempted to close the partition, Jennings stabbed him in the hand and then fled the scene. Allegedly, Jennings also hurled racial slurs at the Middle Eastern driver throughout the attack.

Jennings’ lawyer, Eugene Riccio, denied the allegations, saying that the cab driver quoted a price of nearly $300 and began, “speeding down the road, door open, disregarding traffic signals.”  According to Riccio, Jennings drew his knife in self-defense and the driver was injured while grabbing for it.

Jennings turned himself into police in Darien this week. He was released after posting $9,500 bail and is scheduled for a court appearance on March 9 at the Superior Court in Stamford, Connecticut. Morgan Stanley representative Pen Pendleton said that Jennings has been placed on leave.

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To contact the reporter on this story: Gillian White at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com