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Europe's financial hubs on 'catwalk' for Brexit spoils

At least half a dozen cities jostle to present themselves as best location for banks to set up shop

Mr Gramegna warns Frankfurt against playing the ECB card too strongly, claiming that the 1965 European treaty says European financial institutions should be situated in Luxembourg.


EUROPEAN financial centres made competing pitches on Monday for financial jobs that flow out of London in the aftermath of the UK's vote to leave the European Union (EU).

Thomas Schaefer, finance minister for Frankfurt's home state of Hesse, said at a conference in the...

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