Citi's UK chief sees finance job losses in London post-Brexit

Citi's UK chief sees finance job losses in London post-Brexit
 

The UK head of U.S. bank Citi said on Monday that jobs in London's financial sector would move to countries inside the European Union after Britain leaves the bloc, regardless of what deal is struck on access to the EU financial services market.
On Sunday, British Prime Minister Theresa May said she would trigger the process to leave the EU by the end of March, the first indication of when negotiations might start.
The future of London as Europe's financial centre will be a major negotiating point in the talks, with banks keen to retain the "passporting" rights which allow them to... read more

 
4 October 2016 in Business, Views: 59
Source: Reuters
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