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Morgan Stanley Eyes Dublin, Frankfurt for Post-Brexit HQ

  • Vote seen as most consequential in Europe since World War II
  • ‘Quite profound’ ramifications, Morgan Stanley president says
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Colm Kelleher: Brexit Most Consequential Post-War Event

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A U.K. vote in favor of leaving the European Union would be the most significant geopolitical event for the Continent since the end of World War II and could prompt Morgan Stanley to move its local headquarters to Dublin or Frankfurt from London, said bank President Colm Kelleher.

“This will be the most consequential thing postwar that we’ve ever seen,” Kelleher said Wednesday in an interview on Bloomberg Television with Erik Schatzker. “Initially, the fallout can be controlled, but the political ramifications are actually quite profound.”