Morgan Stanley closing Calgary office
Just saw this news today, anyone have more information on it, or any idea of what this might mean for the IB space in Calgary in general? They were pretty small, but is this going to be an ongoing trend?
Not sure why they even had an office here in the first place. They closed it once, brought a mediocre MD over, got zero deals done and closed it again. The trend will continue without any doubt - Calgary has very little hope in the near future.
Non-existent presence in Calgary. Can't think of a single thing they've been involved in.
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