jog by US investment bank to ensure it can withhold trading across EU could put 200 jobs at risk in City of London
US investment bank Morgan Stanley has chosen Frankfurt as the site of its post-Brexit EU hub in a jog that could put 200 jobs in the City of London under threat.
The bank will apply for a licence with the local German regulator that will allow it to continue trading across the EU after Britain leaves the EU. Related: Will London survive as a financial centre after Brexit? Continue reading...
Source: theguardian.com