(Reuters) – Morgan Stanley (MS.N) is planning to start getting some traders to return to its New York headquarters in mid- to late-June, CNBC reported on Friday, citing people with knowledge of the situation.

Morgan Stanley did not immediately respond to a Reuters request for comment.

The Wall Street bank expects that only a small number of traders and workers in other departments will make use of the option, the report.

Reporting by Anirban Sen in Bengaluru; Editing by Maju Samuel

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Liquidity to be kept at reasonable level, says PBOC

Monetary authorities in China would use conventional policy tools to support the corporate sector and avoid the side-effects of the aggressive financial stimulus measures implemented to cushion the effect of the novel coronavirus pandemic. Speaking at the 12th Lujiazui Forum…

Tribes make new move to shut down Dakota Access Pipeline

BISMARCK, N.D. — Native American tribes opposed to the Dakota Access Pipeline once again have asked a federal judge to stop the flow of oil while the legal battle over the line’s future plays out. The Standing Rock Sioux and…

Innovation ‘key’ to foreign trade efforts

China will roll out new measures to stabilize foreign trade and promote innovation-led development, amid the ongoing efforts to solve the COVID-19 related problems of companies, Commerce Ministry officials said on Thursday. Despite the rising global uncertainties due to the…

Pandemic makes Big Tech even more powerful, warns top U.S. antitrust lawmaker

WASHINGTON (Reuters) – A much-anticipated congressional hearing featuring the CEOs of four of America’s largest tech firms kicked off on Wednesday afternoon in a confrontation that promises a healthy dose of political theater, while also offering a window into the…