Morgan Stanley has chosen Frankfurt to be a new base for its European Union operations as Britain prepares to leave the bloc.
In a twist that surprised some, the Treasury Department is signaling its intent to sign a bilateral agreement between the United States and the European Union.
Showing frustration with what Europeans consider British grandstanding and impatience with a dearth of clear proposals, the EU’s Michel Barnier said Britain needs to make “sufficient progress” on all the initial issues — citizens’ rights.
Citizens’ rights in each other’s nations are considered the first issue that both sides must settle.
President Donald Trump is breaking with tradition by visiting Poland, an ex-communist country in central Europe, before making a presidential visit to longtime allies Britain, France or Germany.