Reuters - Standard Chartered interviewing for jobs moving from London

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Britain’s Standard Chartered has started interviewing candidates for about 20 banking jobs it is moving to Frankfurt due to Brexit, the chief financial officer said on Wednesday.

Reuters reports that the Asia, Africa and Middle East-focused lender had previously said it was applying to convert its branch in Frankfurt into a subsidiary to serve clients in the European Union after Britain leaves the bloc in March 2019.

Chief Financial Officer Andy Halford told Reuters in London that the bank was pressing on with the plans to move the positions “because that provides a degree of certainty irrespective of what will happen on the political front, we will continue with that.” He said interviews for job posts had begun.

Halford said halting the relocations became more difficult as time passed without clarity on Britain’s future ties with the EU, and as the bank allocated resources to the move.

Hit the link below to access the complete Reuters article: 

StanChart presses on with Frankfurt job moves as EU rejects Brexit

Goldman puts some London staff on notice for German move by June



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