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Japan banks continue post-Brexit departure from London
Sumitomo Mitsui Financial Group is the latest to indicate plans to set up operations in Frankfurt
Published Sun, Jul 2, 2017 · 09:50 PM
Tokyo
IN a further ominous sign for the post-Brexit future of the City of London, Sumitomo Mitsui Financial Group (SMFG), one of Japan's three "megabanks", intends to establish its new European head office in Frankfurt, the Nikkei business daily reported over the weekend.
Several other leading…
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