Nomura Finalizing Relocation Plans to Frankfurt for Life After Brexit
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Nomura Finalizing Relocation Plans to Frankfurt for Life After Brexit
Global banks operating in the UK have finally started publicizing their plans for life after Brexit, relocating substantial portions of their operations, and in some cases their headquarters, out of London. Nomura has become the latest bank to make a decision, opting to undergo a move to Frankfurt with London’s star as Europe’s financial capital gradually dimming.
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Banks have been mulling this decision for nearly a year, including lenders operating in or based out of London. Pressure had been ramped up by Brexit talks, a fact only exacerbated by Theresa ... (read more)
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