LSEG Shoots Down Allegations of Personnel Migration to Frankfurt Post Merger

[kreslik.news]

The London Stock Exchange Group (LSEG) and Deutsche Borse’s landmark merger continues to slog on, though several parties are concerned about the extant flow of jobs and personnel from the UK to Germany following the deal.

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The fears of a large-scale relocation of talent are well founded, given the present situation unfolding across the UK’s financial services industry. Over the past two years, leading banks have jettisoned thousands of IT and back office jobs, while trading desks have shrunk or been consolidated, or simply packed up ... (read more)