morgan-stanley-moves-to-west-kowloon

Morgan Stanley moves to West Kowloon

The investment bank rents 10 floors in the soon to be third tallest building in the world, the ICC in Hong Kong's West Kowloon district.
Morgan Stanley has announced that it will lease 10 floors in the International Commerce Centre ICC, making it the first investment bank to cross Hong Kong harbour and open offices in West Kowloon.

It expects to relocate its entire staff of roughly 1,500 people working in Hong Kong which is where its Asia-Pacific headquarters are based at the end of 2008.

ôWe have had positive experience in being among the first banks that moved into newly developing business locations, such as midtown in New York and Canary Wharf in London,ö says Hans Schuettler, Asia CEO of Morgan Stanley, adding ôWhat initially always seems a world apart in a few weeks proves to be the...
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