Frankfurt Main Finance, the lobbying group, is warning that London will lose up to €800bn (£700bn) in assets to Frankfurt by March as banks begin moving business to Germany ahead of Brexit. According to a report in The Guardian, the new data came after 30 banks...
In preparation for Britain’s exit from the European Union (EU), many banks are assessing their operations and scouting out new spots. One of the latest U.S. banks to move into the Frankfurt, Germany, territory as its EU base of operations is Wall Street bank Citigroup....
July 01, 2020
The Bank for International Settlements (BIS) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release. The hub, which looks to analyze trends in financial tech relevant to central banks, plans to open up locations in Toronto, London, Frankfurt & Paris and Stockholm with the respective […]
November 29, 2018
Frankfurt Main Finance, the lobbying group, is warning that London will lose up to €800bn (£700bn) in assets to Frankfurt by March as banks begin moving business to Germany ahead of...
July 18, 2017
In preparation for Britain’s exit from the European Union (EU), many banks are assessing their operations and scouting out new spots. One of the latest U.S. banks to move into...
