Investment Banking

Morgan Stanley set to shift some London compliance roles to Glasgow

Banks are increasingly looking to nearshore back- and middle-office jobs

Scotland is picking up staff as lenders look to trim costs
Scotland is picking up staff as lenders look to trim costs Photo: Mike Kemp/Getty Images

Morgan Stanley is set to relocate a number of compliance roles from London to Glasgow, according to people familiar with the matter.

Staff from teams including monitoring and testing have been informed in recent days that their positions are going to be redeployed, the people said.

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