New York Emerges As Serious Contender for Banks After London’s Brexit

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New York Emerges As Serious Contender for Banks After London’s Brexit

Postby kreslik.news » Sun Oct 16, 2016 6:44 am


New York is emerging as the top candidate to lure away banking talent if London’s finance industry is damaged by Brexit, say industry insiders, making the largest US city the ultimate winner, according to a Reuters report today.

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Rather than European finance hubs such asFrankfurt or Paris, New York is the only place which rivals the depth of markets, breadth of expertise or regulatory appeal offered by London.

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John Nelson, chairman of Lloyd’s of London said, “There is no way in the EU there is a center with ... (read more)

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