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AllianceBernstein to Start Dublin Broker-Dealer in Brexit Shift

AllianceBernstein Holding LP is seeking to set up a broker-dealer operation in Dublin ahead of the U.K.’s exit from the European Union, Chief Executive Officer Seth Bernstein said.

The New York-based asset manager is also investing in its European trading operation and continuing to expand in Asia, Bernstein said on a call with analysts Tuesday discussing quarterly results.