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Bank: Morgan Stanley will double in size in France following Brexit

2022-01-11T17:40:31.724Z

The American bank creates a global research center in Paris. A year after the entry into force of Brexit, Morgan Stanley continues to strengthen in France. The American bank plans to double in size by the end of 2023. It will have 300 bankers, against 150 today. Last year, around fifty of them joined its offices in rue de Monceau, in the 8th arrondissement of the capital. This year, they should be more numerous to expand the workforce. Read also The ECB is



A year after the entry into force of Brexit, Morgan Stanley continues to strengthen in France. The American bank plans to double in size by the end of 2023. It will have 300 bankers, against 150 today. Last year, around fifty of them joined its offices in rue de Monceau, in the 8th arrondissement of the capital. This year, they should be more numerous to expand the workforce.

Read also

The ECB is hunting fictitious seats of City banks in Europe

“A few dozen”

of financiers will be recruited in the new global center of applied research for market activities, soon to be created in France.

This

“center of excellence”

aims to help market participants (fund managers, etc.), Morgan Stanley clients, to make investment decisions.

It relies on quantitative analysis, which uses mathematics and statistics to understand market phenomena.

“The center will provide cutting-edge solutions to meet the rapidly changing business needs of our market activities…

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Source: lefigaro

All business articles on 2022-01-11

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