Morgan Stanley CEO James Gorman Sees ‘Nothing Good About Brexit’
- Firm will have to move workers, strand more capital abroad
- CEO calls quarterly financial-reporting requirement ‘asinine’
This article is for subscribers only.
Morgan Stanley will be forced to move some employees and their families out of London as a result of the U.K. vote to leave the European Union, and resulting disruptions will be a headache for the firm, Chief Executive Officer James Gorman said.
Follow @Brexit for the latest news, and sign up to our Brexit Bulletin for a daily roundup.