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Russia’s VTB Capital tempers talk of a retreat from post-Brexit London

London Canary Wharf

It is "definitely very early to say" what the implications of Brexit will be on the financial industry and on London, VTB Capital Global CEO Alexei Yakovitsky told CNBC Wednesday, in a softening of rhetoric following recent reports the Russian bank was considering moving its investment banking headquarters away from the U.K. capital.

Amazon reportedly planning to build a series of physical stores selling groceries

Amazon Mug

Amazon’s next step in its global domination of commerce could be much closer to home. The internet retailer, which has grown into a $397bn company in the 22 years since its founding, is reportedly planning to build a series of bricks and mortar corner stores selling milk, meat, orange juice and newspapers to further cement its recent expansion into the grocery market.


Citi Building Canary Wharf

Citi boss warns of London job relocation

The UK head of U.S. bank Citi said on Monday that jobs in London's financial sector would move to countries inside the European Union after Britain leaves the bloc, regardless of what deal is struck on access to the EU financial services market.