Top bankers warn of risk of 2017 exodus from Britain
UK minister says getting the best deal for the City will be an absolute priority in Brexit talks
London
TOP bankers warned they could start moving staff abroad as early as next year if there is no clarity on whether Britain will retain access to the European single market when it leaves the European Union (EU).
Senior executives from European divisions of some of the world's biggest financial institutions told a conference in London on Tuesday they felt the government's tougher rhetoric on immigration risked harming the economy.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Great Eastern chairman appeals for patience as shareholders fume over share price ‘disaster’
S&P Global first-quarter profit beats estimates on strong product demand
Thai banks cut rate for some borrowers after push from PM
Money laundering accused who faces 22 charges to plead guilty on May 14
BNP Paribas beats estimates as lower costs offset trading slump
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover