Reuters - French bankers facing pressure to come home

Tour de France - Paris 2012

While most London-based bankers are brushing up on their German to prepare for a move to Frankfurt post-Brexit, senior staff at French investment banks expect to say “Oui” to government pressure to bring jobs home to Paris.

Reuters reports that most international banks in London have declared where they will move their European business in the event of a “hard” Brexit, in which the UK would give up access to the single market, including financial passporting rights.

Although French banks have been wavering about their plans, the bankers who work for them in London believe pressure from the government of Emmanuel Macron, himself a former investment banker, makes a Paris move almost certain.

Hit the link below to access the complete Reuters article:

French bankers weighing Brexit face Paris pressure to come home

Chief of Credit Agricole expresses interest in Commerzbank: report

 

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