Analysis: Why ‘Brexit Means Brexit’ is not That Bad for Brokers

[kreslik.news]

Brexit has been on the minds of financial services executives for just over six months now. After an initial bout of uncertainty that has been worrying for the industry, expectations are starting to stabilize. Currently banks are laying out their contingency plans for exit from the European union and are hoping to appease the UK government into negotiating a good deal for financial services.

Caught in between the arms twisting race between the UK government and big banks, the UK brokerage industry is one that is fearing the worst for its operations. The firms targeting EU clients will have to seek ... (read more)