Nov
01
U.K. Bankers Confident City Will Remain Finance Hub After Brexit
By-
Survey finds 72% say London will be EU bank center in 5 years
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About 78% of executives questioned think Brexit will hurt EU
Most U.K. bankers believe London will remain Europe’s pre-eminent financial center after Brexit, according to consulting firm Synechron Inc.
About 72 percent agreed that the City of London would retain its role as the main hub for finance in the European Union for at least five years, Synechron said, citing a survey of 80 financial-services executives working in capital markets in the district. While 78 percent said Brexit will have a negative impact on U.K. financial markets, 82 percent said the EU would also be hurt…
U.K. Bankers Confident City Will Remain Finance Hub After Brexit