Morgan Stanley CEO Says Bank Will Move Up to 500 Jobs From U.K.
Pedestrians pass the Morgan Stanley headquarters at Canary Wharf in London.
Photographer: Simon Dawson/Bloomberg
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Morgan Stanley Chief Executive Officer James Gorman said the bank expects to move 400 to 500 jobs out of the U.K as the nation breaks from the European Union.
The moves represent as much as 10 percent of the 5,000 employees the bank has in Britain.