Morgan Stanley declines comment on staff moves

OP RISK PAPERS

NEW YORK -- Investment bank Morgan Stanley declined to comment in July on UK press reports that it planned to move 2,200 of its 12,000 New York staff from its midtown Manhattan headquarters to a new office in Westchester County.

The UK’s Financial Times newspaper said the divisions affected would be Morgan Stanley’s institutional securities offices, its individual investor operations and its business continuity group. The newspaper said Morgan Stanley would move a first group of workers by mi

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