Morgan Stanley is quietly sizing up Dallas-Fort Worth for what could be a blockbuster consolidation of its U.S. operations, a potential shift that people briefed on the talks say might send thousands of jobs to North Texas. The plan has evolved in recent months and is still very much in flux as executives sort through locations and square footage. Even so, if the bank pulls the trigger, it would be one more high-profile chapter in the so-called “Y’all Street” migration of big finance names into the region.
According to the Dallas Business Journal, Morgan Stanley has been exploring a consolidation that would bring several offices into the DFW market, a strategy that could involve relocating thousands of roles and centralizing teams. That reporting, based on…..