The American bank announced the development of a research center and the growth of its Paris front office teams (commodities, government bonds, prime brokerage). Like it, JP Morgan considered other locations before concentrating its market activities in Paris. By 2017, the case had been made: Morgan Stanley had chosen Frankfurt...
First tempted by Frankfurt, Morgan Stanley prefers Paris

(Credit: Dimitry Anikin-Pexels).
Kyril Courboin (JP Morgan): "Some people have realized that Frankfurt is a very financial city in a decentralized country."