Bank of America is looking to move more jobs than originally envisaged to its new Paris office, in what is expected to be one of the biggest such shifts from London ahead of Brexit, two sources familiar with the matter said.
Andrew Bailey’s focus last week was on high-cost credit and measures to curb the gouging of vulnerable consumers.
Japanese investment bank Nomura said today it had been granted a licence by German regulators for its new post-Brexit Frankfurt base.
UBS has secured the services of one of the UK's former top EU officials to advise on Brexit in a coup for the Swiss bank.
Bank of America will relocate up to 125 jobs from Britain mostly to Ireland as it prepares for Britain’s exit from the European Union, according to a corporate filing.
Employers in financial services bucked the trend set by other professional sectors in March with a strong increase in the number of roles available, according to data to be published today.
Philip Hammond has said the UK and the EU's agreement on a transition deal has ended fears of bankers flocking to the continent post-Brexit.
One of the Bank of England's top officials has cut his forecast for the number of job losses the City will endure as a result of Brexit.
JPMorgan is considering moving almost 200 banking jobs from London to Paris after Britain leaves the European Union, Les Echos newspaper reported on Wednesday, citing unidentified sources.
Goldman Sachs chief executive Lloyd Blankfein said that he is surprised that Brexit has not had a more negative effect on the UK economy.
The London Stock Exchange (LSE) has confirmed that it has applied for several trading licences in the Netherlands as a contingency against a hard Brexit.
Barclays has begun shifting 40 to 50 investment banking jobs from Britain to Frankfurt as part of its plans to continue doing business in the European Union after Britain leaves the bloc in 2019, a source familiar with the matter told Reuters.
Financial services firms increased hiring and investment in the second quarter in spite of continued nerves over the Brexit process, new figures show.