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5/29/2020, 6:50 PM (Source: TeleTrader)
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Morgan Stanley looking to return staff to NY in June - report

Morgan Stanley intends to get its employees back to offices in its New York City headquarters in mid to late June, CNBC reported on Friday, citing anonymous sources with knowledge of the developments.

During the first stage, the investment bank expects that traders and employees decide to return to its Times Square offices in smaller numbers, according to a source.

The report also noted that, if that is the case, Morgan Stanley would be one of the first Wall Street firms to have its staff on the trading floor after a long period of time, following the implementation of social distancing and other restrictive orders in the state of New York.

Breaking the News / MS