trending Market Intelligence /marketintelligence/en/news-insights/trending/U3or5jjvjGDo5PiLCXidqg2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Report: Morgan Stanley to shut down equities, forex trading offices in Moscow

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks


Report: Morgan Stanley to shut down equities, forex trading offices in Moscow

U.S. investment bank Morgan Stanley plans to shut down its Moscow-based equities and foreign exchange trading offices because of economic and political conditions in Russia, insiders told Bloomberg News.

The lender will move some employees to London, while other jobs will be cut, sources said.

Morgan Stanley will continue to operate investment banking services from Moscow after closing the trading desks, sources told the Financial Times.