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Report: AllianceBernstein planning to set up Dublin broker/dealer unit

AllianceBernstein Holding LP CEO Seth Bernstein said the U.S.-based asset manager is seeking to establish a broker/dealer operation in Dublin ahead of the U.K.'s departure from the EU in March 2019, Bloomberg News reported Feb. 14.

Bernstein said the company is also investing in its European trading operation and continuing to expand in Asia.