Bank of America Focuses on Dublin as its Next EU Trading Hub
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Bank of America Focuses on Dublin as its Next EU Trading Hub
Bank of America has taken a different course from other US lenders in terms of its Brexit relocation plans. While Citigroup and Morgan Stanley have honed in on Frankfurt as their new EU trading hubs, Bank of America is leaning towards Dublin for life after Brexit.
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Bank of America is the latest member of the population of lenders operating in the UK to formalize the relocation of its EU base of operations ahead of Brexit. The timing of the decision was in many ways dictated by the Bank of England calling ... (read more)
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