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Regulator scrutiny blamed for speeding up bank Brexit

BOE, ECB demands for full contingency plans may spur relocation of operations

Wed, Apr 19, 2017 - 5:50 AM

London

EUROPEAN and UK regulators risk inadvertently hastening the loss of some banking operations from London by pushing lenders to make detailed plans for the worst-case "Brexit" scenario, according to people familiar with the matter.

Senior finance industry executives are...

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