HALISTER: Morgan Stanley Said to Start Moving 2,000 Staff Out of U.K.: BBC

Morgan Stanley Said to Start Moving 2,000 Staff Out of U.K.: BBC

(Bloomberg) -- Morgan Stanley has begun process of moving 2,000 London based investment banking staff, BBC reports on website and in tweet, citing unidentified people familiar.
  • Staff said to be moved to Frankfurt or Dublin
  • Task force in place
  • Moved jobs would be in euro clearing, other investment banking functions, senior management
  • NOTE: June 22, Morgan Stanley Eyes Dublin, Frankfurt for Post-Brexit HQ
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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