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Morgan Stanley Picks Frankfurt for Its New EU Trading Hub

  • Bank will move 200 jobs to Frankfurt, 100 to other EU cities
  • Frankfurt emerging as biggest winner in fight for U.K. jobs

Morgan Stanley has become the latest global bank to pick Frankfurt for its new trading headquarters inside the European Union after Brexit, according to people briefed on the decision.

The firm plans to relocate some of its European broker-dealer business to the German city from London, while moving parts of its asset management operations to Dublin, said one person, who asked not to be identified because the...