Barclays’ Chairman McFarlane Hints at Post-Brexit Moves

[kreslik.news]

For over a year now, Brexit has loomed in the minds and decision making of leading banks operating in the UK. As the paramount financial center in Europe, ongoing negotiations with the UK government have left many lenders in a state of limbo – however Barclays has given its strongest signals to date of more concrete move in personnel into the bloc.

This stance had long been adopted not just by Barclays but other lenders such as RBS, Deutsche Bank, and Standard Chartered, among others. Earlier this summer, most lenders opted to relocate their European headquarters within the bloc ... (read more)