US Bankers Propose Cautious Brexit Plan for City Jobs

[kreslik.news]

Top US bankers are reported to be preparing contingency plans for Brexit allowing them more time to make a decision on how many jobs to move out of London, as per a report today in the Financial Times. The move is in contrast to recent hearsay in the industry on the mass relocation of city jobs to continental Europe.

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Executives from some of the biggest US banks told the Financial Times that a two-stage process could initially avoid moving thousands of jobs out of the UK ... (read more)