Economics

Morgan Stanley Said to Weigh Moving 300 U.K. Jobs on Brexit

  • U.S. bank says it has European options, no decision made
  • Dublin, Frankfurt said considered for enlarged European hub
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Morgan Stanley is scouting for office space in Frankfurt and Dublin for an enlarged European Union hub following the U.K.’s vote to leave the political bloc, according to three people with knowledge the matter.

The bank may initially move about 300 workers to one of the cities, the people said without giving a time frame. They asked not to be identified because the plans aren’t public.