Brexit vote sees European cities lobby for London business

Exit

That didn’t take long.

The New York Post reports that hours after Britons voted to leave the European Union, cities and countries on Friday were feverishly lobbying to steal London’s financial services economy.

Among those in hot pursuit is Luxembourg, the tax haven in the heart of Europe, which is reaching out to banks to win over some of the Continent’s most chic and metropolitan centers as the next center of the European financial world, The Post has learned.

The surprising vote by the United Kingdom to exit the EU has left banks wondering if they need to move their headquarters.

Wall Street banks have been privately wondering where they can move thousands of jobs out of London, according to sources at multiple banks.

To access the complete New York Post article hit the link below:

European cities lobby for London businesses following Brexit

Brexit will help lift US economy in long run

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