Global Banks to Find New London if They Lose Access to Single Market
Posted: Mon Oct 10, 2016 4:15 pm
Several of the world’s biggest banks are already considering sending thousands of jobs out of Britain a few months after the voters chose to leave the EU, according to the delegates of the U.K. Financial Services Brexit Summit in London.
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A group of top bankers said on Tuesday that Brexit could force them to move operations and jobs from London if the country becomes unable to secure them continued easy access to the European Union’s single market.
Senior executives from European divisions of some of the world’s biggest financial ... (read more)