Frankfurt wants to be banking bridge to London after Brexit

Frankfurt wants to be banking bridge to London after Brexit
 

Frankfurt wants to be a financial services bridge between London and the European Union after Britain leaves the bloc, a top official said on Monday.
Frankfurt, Paris, Luxembourg and Dublin are among the centres hoping to attract banks and other financial firms from London after Britain leaves the EU.
Hubertus Vaeth, chief executive of Frankfurt Main Finance, which promotes Frankfurt as a financial centre, said there was no intention to "do as much damage as we can" to the City of London financial district.
London still has a major role in finance and there was a need to avoid... read more

 
17 October 2016 in Business, Views: 41
Source: Reuters
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