Financial Markets Jobs 

Morgan Stanley to move 2,000 jobs out of London – or?

Shortly after the official result of the Brexit referendum became known, BBC reported that according to anonymous sources, Morgan Stanley, one of the world’s largest financial services corporations, had already decided to move 2,000 employees from the City of London/Canary Wharf to Dublin and Frankfurt due to the British exit vote. This seemed to be the first of many such announcements from major companies. However, shortly after the newsflash from the BBC a spokesman for Morgan Stanley denied that any such plans to move employees from London exists. Thus it is still far too early to tell how many jobs will be lost or (somewhat more unlikely) gained from the Brexit.

 

Cover image provided by Insider Monkey under a CC BY-ND 2.0 license.

Related posts

Leave a Comment