Life After Brexit: Japanese Lenders Contemplating Move to Amsterdam

[kreslik.news]

The past few months have seen Europe’s biggest banks eyeing a move out of the UK as the country moves closer to a formal schism with the EU. With London’s status as Europe’s financial capital in jeopardy, banks have been considering several cities as possible replacements for headquarters for their operations.

With Theresa May squelching any hopes of continued passporting rights for the biggest lenders in the UK, lenders have looked at Dublin and Frankfurt as the two most common landing spots – each city however presents its own logistical difficulties, such as a dearth of trading personnel.

[size=180][b]Dark ... (read more)