UK foreign bankers heading home ahead of Brexit

London

TIRED from months of wondering whether their jobs will be moved or cut, foreign employees at some of London's biggest banks are taking the initiative and asking to be moved back home, according to people with knowledge of the requests.

Staff at Citigroup Inc, Goldman Sachs Group Inc and HSBC Holdings plc have volunteered to return to their native countries inside the European Union should their employers need to relocate staff after Brexit, said the people, who asked not to be identified as the discussions are private. At Societe Generale SA, at least two traders have already moved home - to France and Italy - in anticipation that the bank might start dispersing its London-based employees across the continent, one of the people said.