Ex-Morgan Stanley Executive’s Stabbing Charges Dropped

Charges against William Bryan Jennings, the former Morgan Stanley (MS) U.S. bond-underwriting chief accused of stabbing a New York cab driver over a fare, will be dropped, police said.

“I’m aware that the charges are being dropped,” Detective Chester Perkowski of the Darien, Connecticut, police department said today in an interview. He declined to comment further.

Jennings was accused of attacking the driver, Mohamed Ammar, on Dec. 22 with a 2 1/2-inch blade after a 40-mile (64 kilometer) ride from New York to the banker’s $3.4 million home in Darien. Ammar, a native of Egypt and a U.S. citizen, said Jennings told him, “I’m going to kill you. You should go back to your country,” according to a police report.

Jennings faced assault and hate-crime charges, each of which brings a maximum sentence of five years in prison. He was also charged with not paying the fare, a misdemeanor. He pleaded not guilty March 9.

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