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  1. beorhthelm

    [News] Morgan Stanley begins move away from London

    the problem here is a misunderstanding of what happens in the London and The City. it is trading in currency, derivatives, options, shares, eurobonds, commodities (metals, oil, wheat, cocoa etc), other than the shares on the local stock market, they can be traded anywere and are, its just the...
  2. beorhthelm

    [News] Morgan Stanley begins move away from London

    the speed with which they have acted, especially considering nothing has actually changed: we are still in the EU, regulations remain, funding hasn't been withdrawn. they would have to continue their operations with a reduced workforce while awaiting where they would be relocated to, acquiring...
  3. beorhthelm

    [News] Morgan Stanley begins move away from London

    i find this curious, it suggests on the morning after the vote, the managment gathered and decided that despite years of negotiation to go it had to make redundancies immediatly. or else it had already made the decision and was waiting for the vote to confirm action or scale of action. with no...
  4. beorhthelm

    [News] Morgan Stanley begins move away from London

    if its convenience, why isnt it in Frankfurt today?
  5. beorhthelm

    [News] Morgan Stanley begins move away from London

    why assume they will want or need to relocate though? i work for an multinational based in US, European HQ officially in Switzerland, but operationally the Europe business is run out of the London office. those German and French accents are quite likely to be working for German and French...
  6. beorhthelm

    [News] Morgan Stanley begins move away from London

    many bank operations are already outside the EU. they offshore to Bangalore and Manila for labour intensive jobs while keeping the systems in the UK accessd remotely. so the mostlikely thing to move to Frankfurt, Dublin, Paris, or elsewhere in EU will be some servers. if they need to have an...
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